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.
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 moreMinimize risk by protecting solar energy investments and insuring the performance of assets with the Solar Revenue Put.
Find out moreThe HelioStats platform enables solar investors to deploy more capital, more intelligently through data integration, analytics, and benchmarking.
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March 5 2025
Examining the Real Cost of Renewable Resiliency
Originally Published in POWER By: Bobby McFadden, kWh Analytics; Brian Fitzgerald, WTW; Alex Morris, WTW...
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December 16 2024
PODCAST: Can Resilient Product Design Transform Clean Energy’s Future?
Originally published on Insurtech Amplified As renewable energy becomes a cornerstone of the global transition...
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December 4 2024
Case Study: The Microcracking Headache
Microcracking - invisible damage to the crystalline structure of solar panels - is one of...
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