In this #Solar100 interview, Richard Matsui, Founder and CEO of kWh Analytics, speaks with Jenny Chase, veteran solar analyst at Bloomberg New Energy Finance.
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kWh Analytics
Natural disasters and extreme weather events are no longer isolated incidents or mere statistics. They are the harsh realities of a planet in peril, and the climate insurance segment has become truly necessary as we work urgently to transition to renewable energy and decarbonize the economy.
kWh Analytics
A joint submission from US specialty managing general agent (MGA), kWh Analytics, and specialty re/insurer Aspen – focusing on solar and renewable projects – shone out in the climate and sustainability collaboration award category.
The initiative involved the specialty MGA launching a property insurance product for renewable energy assets in January 2023, with Aspen as the capacity partner. The product provides coverage against physical damage for solar and other renewable projects, and has introduced much-needed capacity to a rapidly growing industry at a time when traditional insurers are tightening their portfolio exposure.