The company offers protection against physical damage for solar and other renewable products in partnership with Aspen Insurance.
Without the SEIA proposals, solar-plus-storage projects would have needed to meet FEMA code S76-22 approval for Risk Category 4 , a risk category reserved for hospitals, fire, police and emergency services.
Also on the rise: Hanwha Solutions to expand solar cell and module manufacturing in the United States and Korea. The pv magazine tour of solar incentives stops in Vermont, home to aggressive renewable energy mandates and a one of the nation’s most forward-thinking utilities. IKEA to offer SunPower residential solar and energy storage. Electric vehicles are cheaper than gas-powered, depending on the state and incentives.
Owning an electric vehicle can save drivers thousands of dollars per year, with $6,000 average savings over the vehicle’s lifetime, but the savings is dependent on rebates, state fees, and the cost of gas and electricity.
Some of the risks involved with solar installations can be especially severe in areas of North America that experience very cold temperatures and cold and ice in the winter.
Also on the rise: PVEL adds hail stress test for modules, Wolverine signs PPA for 150 MW of capacity, and smart inverters are starting to strut their stuff.
The hail stress sequence aims to address concerns from insurers and asset owners about the ability of PV modules to withstand severe hail impacts.
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.
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.
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