Articles from kWh Analytics

kWh Analytics, the market leader in Climate Insurance, today announced a successful collaboration with Nextracker, a global leader in advanced solar energy solutions, that resulted in a 50 percent reduction in severe convective storm deductible for a solar project in Arkansas. This partnership demonstrates how strategic technology implementation can significantly improve insurance terms while enhancing risk mitigation for renewable energy assets.

kWh Analytics, a leading provider of Climate Insurance for renewable energy assets, revealed today a new visual identity and a re-designed website that reflect the company’s evolution and expanding role in insuring renewable energy assets. The visual identity and website refresh represent a pivotal moment as the company continues its strategic expansion to provide innovative risk transfer solutions to the broad renewable energy industry.

kWh Analytics, a leading Climate Insurance provider, today announced it has been awarded $500,000 from InnSure's Insurance Innovation Prize supported by the New York State Energy Research and Development Authority (NYSERDA). The funding will support the development of a tax credit insurance product tailored specifically for small-scale distributed generation (DG) renewable energy projects, addressing a critical market gap in renewable energy financing.

kWh Analytics, a leading provider of Climate Insurance for renewable energy assets, announced today that it will continue phase two work on a $2M award from the U.S. Department of Energy under the Increasing Affordability, Reliability, and Manufacturability of PV Cells, Modules, and Systems award, an initiative under the Energy Department’s Solar Energy Technologies Office (SETO) aimed at extending the lifespan of photovoltaic (PV) systems.

kWh Analytics, the market leader in Climate Insurance, has been awarded the Sustainable Insurance Initiative of the Year by InsuranceERM at their Climate and Sustainability Awards. This award marks the second consecutive year kWh Analytics has been honored by Insurance ERM, following their 2023 win for Climate and Sustainability Collaboration of the Year with capacity partner Aspen Insurance.

kWh Analytics, a leading provider of Climate Insurance for renewable energy assets, is excited to announce a new, $2.4M partnership with the U.S. Department of Energy Solar Energy Technologies Office (SETO) through the Materials, Operation, and Recycling of Photovoltaics (MORE PV) Funding Program. This partnership aims to develop innovative approaches to solar PV resilience, focusing on introducing asset resilience measures against natural catastrophes earlier in the asset development lifecycle.

kWh Analytics, the market leader in Climate Insurance, today announced the successful close of a groundbreaking wind proxy hedge risk transfer product for a 59MW, 14-turbine wind project in Maine, developed by a Greenbacker Capital Management affiliated investment vehicle that invests in sustainable infrastructure assets. This innovative financial structure included the use of a wind proxy hedge, provided by global reinsurer Munich Re, advised by kWh Analytics, and utilizing the kWh Analytics Indifference Structure for debt sizing. This implementation marks the first time a parametric wind hedge has been paired with the kWh Analytics Indifference Structure to reduce equity requirements for a project sponsor. The structure’s implementation enabled the project sponsor to raise roughly 20% more debt capital for this project, led by MUFG.

kWh Analytics, the market leader in Climate Insurance, today announced the release of its 6th annual Solar Risk Assessment, a comprehensive report designed to provide an objective and data-driven evaluation of solar risk. The annual report includes contributions from leaders in the solar energy industry spanning technology, financing, and insurance.

kWh Analytics, a leading provider of Climate Insurance for renewable energy assets, announced that it has named Isaac McLean as the company’s new Chief Underwriting Officer. McLean will lead kWh Analytics’ growing underwriting team as the company ramps up its Property Insurance offering for renewable energy assets.

kWh Analytics, the market leader in Climate Insurance, today announced the release of its 5th annual Solar Risk Assessment, a comprehensive report designed to provide an objective and data-driven evaluation of solar risk. Report contributors included leaders in the solar energy industry, such as NREL, EnergySage, RETC, Envision Digital, BloombergNEF, Clean Power Research, Raptor Maps, PVEL, ICF, and Wood Mackenzie.

kWh Analytics, the market leader in Climate Insurance, has announced a partnership 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 carrier for the production coverage.

kWh Analytics, the market leader in Climate Insurance, today announced a partnership with Arava Power, Paz Oil and Menora Mivtachim to provide production insurance to optimize debt terms on a 270MWdc utility-scale solar project in Uvalde County, TX.

kWh Analytics, the industry leader in Climate Insurance, announced today the launch of their highly anticipated Property Insurance for renewable energy assets with capacity partner Aspen Insurance. This new product, which provides coverage against physical damage for solar and other renewable projects, introduces much-needed capacity to a rapidly growing industry at a time when traditional carriers are tightening their portfolio exposure.

kWh Analytics, the market leader in Climate Insurance and renewable energy risk management, today released their 2022 Solar Generation Index report. Utilizing operating data provided by industry collaborators and their proprietary Heliostats database, the company identified a persistent pattern of solar asset underproduction across the country.

kWh Analytics, the market leader in Climate Insurance, today announced that it has structured a Solar Revenue Put supporting back-leverage financing with Matrix Renewables, the TPG Rise-backed global renewable energy platform, insuring solar production on 143 MW of new-build utility-scale solar projects. For the first time, the Solar Revenue Put policy will provide coverage for the full 26 year amortization term. The projects, Gaskell West 2 & 3, are financed by major lending partners MUFG, HSBC, Commonwealth Bank of Australia, and National Bank of Canada.

kWh Analytics, a leading provider of Climate Insurance for renewable energy assets, announced that it has named Michael Bachrodt as the company’s new Chief Operating Officer.

kWh Analytics, the leader in Climate Insurance, announced today that it raised $20 million to continue the organization’s expansion.

kWh Analytics, the market leader in Insurance for the Energy Transition, launched the first-of-its-kind Solar Generation Advance today. The Solar Generation Advance allows solar asset owners to receive upfront “bonus” payments in return for maintaining asset performance. The innovative new offering was developed in partnership with Excelsior Energy Capital.