GCube Insurance News

Hailstorm Claims Risk Undermining Solar Energy, Insurer Says

Solar farms around the world are under threat due to costly hailstorm-related claims, according to renewable energy underwriter GCube Insurance. Hail was the costliest category for insurance claims by the renewables industry in the last five years, averaging around $58.4 …

Wind Power Industry Hit by Perfect Storm of Supply Chain Delays, Design Flaws, Costs

A perfect storm of supply chain delays, design flaws and higher costs in the offshore wind industry has put dozens of projects at risk of not being delivered in time for countries to meet climate goals, industry executives, investors and …