The renewable energy sector is truly global, encompassing a wide range of technologies, deployed in all environments. From prototypical offshore wind projects to more familiar solar PV plants and from 'frontier' territories to those with long-established power grids, our clients must manage risks both familiar and novel.
As the industry grows and facilities age, most notably wind farms and solar photovoltaic plants, owners will need to focus increasingly on asset management and maintenance issues.
The long-term financial viability of the assets will be determined increasingly by choices around maintenance regimes, operation and maintenance (O&M) contractor selection and, where feasible, 're-powering' or upgrading of facilities.
With the growing scale and complexity of the sector also come more sophisticated risk management requirements and options. Our renewable energy specialists can help guide your company through this evolving risk landscape.
We specialise in the following key sectors:
- Hydroelectric power
- Onshore wind energy
- Offshore wind energy
- Solar energy
- Wave and tidal energy
We provide insurance advisory and broking services to developers, asset owners, contractors and other stakeholders involved in the development, construction and operation of renewable energy assets.
We are able to support our clients at any point in the life-cycle of their projects. This may be from pre-financial close insurance advisory services to end-of-life decommissioning and any point in between.
Insurance solutions for the renewable energy industry share elements common to conventional property risks whilst having evolved to accommodate sector-specific risk characteristics and client requirements.
Our renewable energy team is centred on individuals whose expertise and experience reflects a similar balance.
This includes extensive sector experience in 'mainstream' power, energy and construction sectors prior to focusing on renewable energy, a certified renewable energy project finance professional and a specialist risk engineer.
In combination, we are confident that we have the requisite knowledge and resources to support our clients as they help reshape the energy generation landscape.