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Insurance

Sunrise brief: Bill would expand ITC to include integrated solar roofs

Also on the rise: A report names groups that are anti-solar and reveals their strategies, Illinois limits HOA power over rooftop solar, and SunPower added 13,000 customers in Q2 as it looks for big growth to close the second half.

Sunrise brief: TerraGen lines up $800m in financing for a multi-phase solar + storage project

Also on the rise: Two companies petition for Section 201 tariff extension, Morgan Solar introduces a new data tool, and an insurer wants Amazon to pay for a house fire caused by a defective solar generator.

After a solar generator caused a house fire, American Family wants Amazon to pay

Courts have ruled both ways on whether the online retailing platform can be held liable for selling products that cause damage. The latest case involves a house fire in Minnesota.

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Sunrise brief: With residential solar demand ‘through the roof’ can supply chains keep up?

Also on the rise: An insurer warns the solar industry about wildfire risks, Hawaiian Electric’s storage incentive program goes live, and solar energy jobs were lost in the pandemic year but are coming back, DOE says.

Insuring against hail is all about risk management for solar project 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.

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Cleantech Roundup: Tigo Energy, Blue Bird, Mitrex, and more

Check out this week’s list of some of the newest announcements related to clean energy products.

Storm season has the solar industry looking to protect assets from costly hail damage

The destructive potential of hail on solar arrays has only been fully realized in the last two years. In this series, pv magazine talks with experts in storm modeling, risk insurance, and damage mitigation to learn how solar arrays can survive nature’s wrath.

Insurance for renewable energy projects adapts to more frequent and destructive disasters

As much as 70% of losses linked to solar energy systems in the past decade have occurred since 2017. The insurance industry is no longer “naive” to the risk.

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SCE agrees to $2.2 billion payout to settle wildfire claims

The fire destroyed more than 1,600 structures, injured three firefighters and killed three people in November 2018 as it burned near Malibu.

Extreme weather is causing solar insurance premiums to explode

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

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