Solar energy News

Markets/Coverages: Ariel Green Expands Tech Performance Ins. Consortium at Lloyd’s

Ariel Green, a division of Ariel Re, has expanded Lloyd’s first ever Technology Performance Insurance (TPI) Consortium. First launched in 2023, Ariel Green has renewed the consortium and grown the number of markets participating and capacity available, to protect clean …

3 Emerging Risks: AI-Driven Civil Unrest, Heavy EVs, Solar Panel Safety

Technology is poised to take over traditional markets and is rapidly creating new ones. For example, this trend is evidenced by the adoption of electric vehicles, demand for solar energy, and the blistering pace of generative AI adoption. Yet these …

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 …

Biden’s Clean Energy Agenda Faces Mounting Headwinds

Canceled offshore wind projects, imperiled solar factories, fading demand for electric vehicles. A year after passage of the largest climate change legislation in U.S. history, meant to touch off a boom in American clean energy development, economic realities are fraying …

Ariel Re Relaunches Clean Energy Division, Focusing on Tech Performance Insurance

Ariel Re, the Bermuda-based re/insurer, has relaunched its Clean Energy division as “Ariel Green,” in recognition of the increasingly crucial role of technology performance insurance in accelerating innovation in solar, energy storage, hydrogen, and bioenergy to help curb climate change. …

Rural Texans Oppose Wind and Solar Development

FRANKLIN COUNTY — Volunteer firefighter Jim Emery grew emotional as he spoke to the crowd at an anti-solar development town hall meeting in his northeast Texas community. Emery, who worked for decades at the nearby coal power plant before it …

U.S. Solar Developers to Spend $6 Billion to Boost Domestic Supply Chain

A group of U.S. solar energy project developers on Tuesday said they would jointly spend about $6 billion to support expansion of the domestic solar panel supply chain. The U.S. Solar Buyer Consortium, which includes developers AES Corporation, Clearway Energy …

U.S. Solar Industry Warns of Slowdown Due to Supply Chain Disruptions, Tariff Uncertainty

The U.S. solar industry is warning of a big slowdown in project installations this year as global supply chain disruptions and the threat of new U.S. tariffs on panel imports from Southeast Asia hit home. U.S. power company Southern Co. …

Some Florida Agents Caught Off-Guard by Boom in Solar Power

Florida may be known as the Sunshine State, but some insurance agents say they’ve been unprepared for the recent boom in rooftop solar power installations across the state, installations that can affect coverage, premiums and even home sales. “We kind …

Coal Mining Company Proposes Turning Kentucky Mine Into Solar Farm

A former strip mine would be converted into a solar farm under a proposal announced Tuesday by an Appalachian coal company that says it wants to place hundreds of thousands of panels in the Kentucky mountains. The Berkeley Energy Group, …