24/02/2022 · 4 minutes read
Lithium-ion (Li-ion) batteries are the fastest growing rechargeable battery segment; it is estimated that global output is set to increase from just below 200GWh in 2019 to between 1,100GWh and 2,000GWh by 2030.
But the construction of battery plants carry specific risk and insurance considerations, especially prescient in a tough insurance market. How should construction companies risk manage their projects? And what other measures should they take to obtain the cost-effective construction insurance needed to help optimise a project’s bankability?
Find out in our new article, Lithium-ion battery plants – risk and insurance considerations.
Read the article to find out more key facts for Li-ion battery plant construction. And please don’t hesitate to contact us for more information.