Evolving landscape for insurance in the PV industry
Risk transfer and credit enhancement – these are the primary drivers for why we buy insurance, says Jan Napiorkowski, global head of clean energy for Ariel Re. And as more sophisticated and larger investors move into solar asset ownership, demand for performance guarantees is increasing.
SunPower's 579 MW Solar Star array. The company recently sold its O&M business, raising questions as to liabilities, as it was passing them onto NovaSource - which could be addressed through insurance.
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