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Hail insurance is about risk management for PV developers

In the second installment of this series, pv magazine talks with Michael Kolodner of Marsh to learn about the evolution of hail risk management and how insuring a solar project is about more than just the policy.

Extreme weather causing US solar insurance premiums to explode

Catastrophic weather events in Texas and California have led to steep increases in insurance premium costs, according to a new analysis by Norton Rose Fulbright.

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Solar’s warranty risk

The warranty risk of solar must be addressed early in the development phase of PV projects, as it is not possible to buy warranty insurance later during the operational phase. Decisions taken by developers at this stage will remain important for the next 25 years. The good news is that an industry standard exists, and it can be easily and cost-effectively applied to most PV projects, writes Ronald Sastrawan from Munich Re.

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