According to the International Energy Agency, the world is expected to build more renewable projects in the next five years as we have in the past 20. But this rapid and massive growth in the renewable energy space has proven increasingly challenging for insurers of these assets, who are struggling to deal with mounting losses from natural disasters (which themselves are often driven by climate change) as well as growing demand for new products that insure against other emerging risks such as production and revenue variability. 

In this episode, Chad Reed sits down Jason Kaminsky, CEO and co-founder of kWh Analytics, perhaps the leader in delivering data-enabled Climate Insurance for zero-carbon assets. In the discussion, Chad and Jason get into the weeds on the recent evolution of the Climate Insurance industry, kWh’s Fifth Annual Solar Risk Assessment as well as data-enabled solutions to address the most pressing risks facing the U.S. solar industry today. 

Links:

2023 Solar Risk Assessment

Solar Revenue Put

From Niche to Necessity: Insuring Renewable Energy

Episode recorded October 31, 2023
Email your feedback to Chad, Gil, and Hilary at climatepositive@hasi.com or tweet them to @ClimatePosiPod.

Email your feedback to Chad, Gil, Hilary, and Guy at climatepositive@hasi.com or tweet them to @ClimatePosiPod.