Tag: insurance
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Solar Insure debuts longer-term home solar warranty coverage
Stranded assets and warranty coverage confusion are consistent problems in home solar. Solar Insure launched its new SolarDetect Program — a longer term warranty product included in the solar sales process — to help protect homeowners and installers. “Our SolarDetect product was designed to cover the lifetime of a owner’s solar,” said Ara Agopian, Founder……
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Solar costs rising: kWh Analytics finds a unique insurance solution
Climate insurance provider kWh Analytics has partnered with Pivot Energy LLC to provide Solar Revenue Put production insurance for multiple distributed solar projects totaling 70 MW across six states. The Solar Revenue Put was added post financial close to improve leverage from lenders Silicon Valley Bank, Cadence Bank and Bank United. Everest is the main……
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kWh Analytics to provide Property Insurance coverage for solar projects
Traditional insurance carriers are starting to really tighten their renewable energy portfolio exposure. A new industry-specific solution is needed to provide coverage against physical damage sustained by solar and other renewable projects — and one is on the way. Climate insurance provider kWh Analytics is launching a much-needed property insurance coverage for renewable energy assets……
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Solar Support launches analytics program to spot legacy inverter failures early, cut downtime
Older central solar inverters outliving their warranties and failing is an issue growing bigger by the day for asset managers, and engineering services company Solar Support has a new program to help. The company is rolling out an analytics-based diagnostic equipment maintenance program that supports both predictive and corrective O&M toRead More — Solar Builder magazine
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Cal Flats solar PV project insures its production with kWh Analytics’ Revenue Put
Solar risk management firm kWh Analytics structured a Solar Revenue Put as part of the refinancing of the 173-MWdc Cal Flats 130 PV facility in Monterey County, Calif. The facility is owned and operated by Capital Dynamics, an independent global private asset management firm. The Solar Revenue Put is a creditRead More — Solar Builder magazine