Tag: insurance
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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
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Protecting (and insuring) against PV portfolio underperformance
Underperformance is becoming a not-so-secret issue for large-scale solar portfolios (we have heard anywhere from 3 to 6 percent in some portfolios). The reasons for this often say less about the viability of solar technology and project revenue potential and more about process and prediction of failures somewhere along theRead More — Solar Builder magazine
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Meet PV PlantProtect: An insurance program to reduce utility-scale solar project risk
PV Evolution Labs (PVEL), Lloyd’s of London syndicate Ariel Re (a member of Argo Group), and Beecher Carlson Insurance Services, are teaming up on an innovative new insurance program that integrates technical due diligence practices to reduce the financial risk for utility-scale solar project developers. Known as PV PlantProtect, theRead More — Solar Builder magazine
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Investment protection: PVEL, Heliolytics launch natural disaster response service for solar power plants
Two industry-leading providers of field testing for solar power plants, Heliolytics and PV Evolution Labs (PVEL), have launched a new Incident Response service. Their unique joint offering helps solar asset owners and managers, operations and maintenance providers, investors and insurers prepare for and respond to natural disasters such as hurricanes,Read More — Solar Builder magazine
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Q&A: Does your solar business have the insurance coverage it needs?
With insurance (or the destruction of it) in the news so much lately, we figured we’d reach out to Christy Howley, solar program manager at ProSight Specialty Insurance, for some solar installation insurance advice. Recently, ProSight aligned with the North American Board of Certified Energy Practitioners (NABCEP) and became theRead More — Solar Builder magazine