The average cost of forecasting errors in the US is lower than previously thought at less than US$1/MWh, according to a study by Berkeley Lab that employed a new, publicly available method to examine the practice.
Prior to 2019, there was an ample number of insurers willing to provide renewable energy insurance, leading to plentiful, affordable cover being available for solar power project finance transactions. However, with increased claims and risks, price rises and lower availability of cover is impacting the sector. Duncan Gordon, head of Renewable Energy at specialist energy insurance brokerage and risk management firm Gallagher, provides an overview of how solar power project owners can navigate a challenging insurance market.
Operations and maintenance will face huge changes as automation and predictive analytics transform the way projects are managed, writes Sean Rai-Roche.
Trina Solar’s new Vertex series of high power modules have passed TUV Rheinland’s comprehensive reliability tests in what the manufacturer described as “another major breakthrough” for its latest product additions.
