Learn how to prevent catastrophic solar project loss events with better technical literacy, due diligence, and risk mitigation practices.
Over the past five years, hail damage has caused more than 50% of total insured solar project losses—in spite of that fact that hail accounts for less than 2% of solar insurance claims by volume. Though infrequent, severe hail can produce record losses. In 2022, for example, hail losses exceeded $300 million in Texas alone.
In this pv magazine-hosted Webinar, technical subject matter experts from VDE Americas, JinkoSolar, and Descartes Underwriting will explore ways to close the severe convective storm insurability and finance gap, such as:
Assessing catastrophic risk on a site- and technology-specific basis,
Quantifying the value proposition of more hail-resilient project designs, and
Supplementing traditional insurance with alternative risk transfer solutions.
