Sector Archive - kWh Analytics

Wind Energy

Wind is among the fastest-growing renewable energy segments

Wind is an increasingly element of the renewables mix that is playing a crucial role in the global energy transition.

Wind energy is expected to become the second largest source of global renewable electricity generation, just behind solar PV.

Even faster growth is needed, however; the encouraging recent progress can be further boosted by reduced costs for installations, facilitated by technological developments.

kWh Analytics’ wind energy solutions encourage growth by protecting projects against volatile wind speeds.

The main risks faced by wind energy projects include varying wind speeds, damage caused by extreme weather, and equipment breakdown.

With our internal expertise and unrivaled asset database, kWh Analytics incentivizes resiliency measures to protect wind energy assets. Meanwhile, the Wind Proxy Hedge safeguards projects against unreliable wind speeds, taking downside risk out of financing.

Keeping wind projects profitable

Taking measures to enhance a wind projects’ resiliency improves profitability and reduces the risks of underproduction and equipment damage.

Here are a few ways this can be achieved:

Ensuring that OEM warranties are in place

Taking measures to mitigate lightning effects

Keeping spare components available on site

Raising electrical equipment out of flood zones

Our solutions can help to:

Financial certainty

The Wind Proxy Hedge safeguards project finances with investment-grade cash flow above P99 wind speeds.

By protecting energy generation revenues, the Wind Proxy Hedge enables sponsors to raise more debt capital.

Asset safeguarding

Our property Insurance protects wind energy equipment against weather-related risks, breakdown, and damage.

By rewarding investments in resiliency measures, our insurance also reduces costs and incentivizes asset protection.

Unique protection

As the only parametric wind hedge paired with our Indifference Structure, the Wind Proxy Hedge protects debt sizing against variable wind speeds.

Our wind energy solutions

Our data-backed renewable asset insurance protects wind energy investments by rewarding resiliency measures.

Find out more

Minimize risk by protecting wind energy investments and insuring the performance of assets with the Wind Proxy Hedge.

Find out more

The HelioStats platform enables wind energy investors to deploy more capital, more intelligently through data integration, analytics, and benchmarking.

Find out more

Battery storage is a growing market opportunity

The importance of battery energy storage systems (BESS) cannot be overstated, as they play a crucial role in mitigating the intermittency of renewable energy sources.

Because energy generation from wind and solar are variable resources, a robust solution is needed to store and keep this clean energy flowing through the grid for when it’s needed. Battery storage technology and infrastructure are therefore central to the renewable energy transition, presenting a clear market opportunity.

These sophisticated systems are revolutionizing our electricity generation, distribution, and consumption, offering unprecedented flexibility and efficiency. Global deployed capacity in the BESS market quadrupled between 2021 and 2023, and this explosive growth is forecast to continue gathering pace, with 13 times the current global capacity already under construction or planned.

As BESS market growth outpaces the development of safety regulations, the sector’s future hinges on our ability to build resiliency into design, operation, and insurance.

Insuring BESS installations presents unique challenges due to the technology’s rapid development and the potential for catastrophic events like thermal runaway, which can cause fires and explosions if not properly managed. Protecting these assets effectively is therefore key to securing favorable insurance terms and unlocking the financing required for BESS projects.

Maintaining resiliency in battery storage

Investing in resiliency measures protects battery storage assets, enhancing safety, preventing costly issues, and can reduce the cost of insurance with kWh Analytics.

Risk mitigation best practices for battery storage have evolved significantly in recent years:

BESS best practices

Battery management systems (BMS) sense critical parameters and trigger corrective actions when required, supporting performance optimization and safety management.

While prevention is key, multi-layered fire suppression, combining gaseous, water-based, and coolant-based systems, offers a decisive last line of defense.

Explosion relief systems must conform to NFPA standards, with sufficient spatial separation between containers or structures to avoid collateral damage.

Complying with evolving fire and building standards is essential for BESS resilience, so operators must stay updated and adapt their systems as required.

Demonstrating resilience

Autonomous systems that detect anomalies and quickly correct issues help to prevent thermal runaway and demonstrate safety to insurers.

The chosen battery chemistry is critical in a project’s risk profile, with lithium iron phosphate (LFP) batteries generally favored for their stability.

A BESS installation’s design, including spatial separation, fire suppression, and expert consultation, significantly impacts its risk assessment.

Comprehensive documentation, detailing how each element contributes to a site’s risk mitigation strategy, is critical for demonstrating safety to insurers.

Our battery energy solutions

Our data-backed renewable asset insurance protects battery storage investments by rewarding resiliency measures.

Find out more

The HelioStats platform enables battery storage investors to deploy more capital, more intelligently through data integration, analytics, and benchmarking.

Find out more

The solar market is experiencing rapid, sustainable growth

As the fastest-growing renewable energy source globally, solar delivers reliable and cost-effective energy to our grids.

With new generating capacity installed year over year, solar PV remains the most popular form of renewable energy thanks to its familiarity, convenience, sustainability credentials, policy support, and low generation costs compared with the available alternatives.

While solar energy continues to grow rapidly, these valuable assets face significant operational risks. From extreme weather events to equipment failure, solar installations require robust protection to ensure reliable long-term performance and return on investment. This is where specialized insurance becomes critical.

Resilience should be rewarded

Solar projects are not without their risks – for example, solar equipment can be threatened by extreme weather such as hail, fire, flood, and wind, and attritional risks such as theft, vandalism, and brush fire.

And that’s where kWh Analytics comes in – thanks to our internal expertise and extensive database of solar assets, we model solar risk accurately to provide insurance that rewards proactive resilience measures put in place by diligent asset owners.

We are leading experts in the solar energy sector

The industry’s largest renewables database

Our database is comprised of approximately 30% of the industry’s assets.

Industry-leading thought leadership

Our annual Solar Risk Assessment report features insights from experts across the industry on the latest risks facing solar.

Industry Insiders

As residents of the solar community for over a decade, we understand the nuances that this asset class requires.

Keeping solar projects resilient

Investing in resiliency measures protects solar assets and can reduce the cost of insurance with kWh Analytics.

Flood

Flood sensors that trigger a shallow stow angle to raise the panels above the flood depth raise electrical equipment outside of flood risk elevations.

Earthquakes

Mounting structures with shallow pile depths are more susceptible to seismic events.

Hail

Install modules with thicker, tempered glass, to be more hail resilient.

Stow panels at steep angles to reduce the damage potential of hailstones.

Prioritize hail stow over wind stow, and select trackers which can stow at a high degree tilt in high winds.

Hurricane and Wind

Torque audits ensure fasteners are tightened adequately to increase panels’ chances of surviving extreme weather; choose robust mounting structures that can withstand high wind speeds from any direction.

Fire

Vegetation management ensures a low fuel load on the site, reducing fire risk in the event of a spark.

Our solar energy solutions

Our data-backed renewable asset insurance protects solar energy investments by rewarding resiliency measures.

Find out more

Minimize risk by protecting solar energy investments and insuring the performance of assets with the Solar Revenue Put.

Find out more

The HelioStats platform enables solar investors to deploy more capital, more intelligently through data integration, analytics, and benchmarking.

Find out more

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WIND ENERGY

Beyond the breeze

Wind is among the fastest-growing renewable energy segments

Wind is an increasingly element of the renewables mix that is playing a crucial role in the global energy transition.

kWh Analytics’ wind energy solutions encourage growth by protecting projects against volatile wind speeds.

Keeping wind projects profitable

Here are a few ways this can be achieved:

Our solutions can help to:

Financial certainty

Asset safeguarding

Unique protection

Our wind energy solutions

Property Insurance

Wind Proxy Hedge

Data Intelligence Services

Read more about wind energy​

Want to read more?

Battery storage is a growing market opportunity

The importance of battery energy storage systems (BESS) cannot be overstated, as they play a crucial role in mitigating the intermittency of renewable energy sources.

As BESS market growth outpaces the development of safety regulations, the sector’s future hinges on our ability to build resiliency into design, operation, and insurance.

Maintaining resiliency in battery storage

Risk mitigation best practices for battery storage have evolved significantly in recent years:

BESS best practices

Demonstrating resilience

Our battery energy solutions

Property Insurance

Data Intelligence Services

Read more about battery storage

Want to read more?

The solar market is experiencing rapid, sustainable growth​

As the fastest-growing renewable energy source globally, solar delivers reliable and cost-effective energy to our grids.

Resilience should be rewarded

We are leading experts in the solar energy sector

The industry’s largest renewables database

Industry-leading thought leadership

Industry Insiders

Keeping solar projects resilient

Flood

Earthquakes

Hail

Hurricane and Wind

Fire

Our solar energy solutions

Property Insurance

Solar Revenue Put

Data Intelligence Services

Read more about solar energy​

Want to read more?

Learn more about our Solar Energy offerings

Get in touch

Read more about wind energy

The solar market is experiencing rapid, sustainable growth

Read more about solar energy