6 Hurricane Insurance & Loss Prevention Strategies Renewable Energy Owners Should Implement Today BY: Michael Cosgrave, CIC, CRM | Renewable Guard Certified Risk Manager Hurricane season runs between June 1st and November 30th and you need only look back to 2017...
Industry Insights
Annual Report
We are in the process of developing our annual report for the year and will provide a link to our report once completed. We appreciate your interest and encourage you to check back in the future for Renewable Guard’s annual report which will address industry trends and insurance capacity for renewables.
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RENEWABLE ENERGY INDUSTRY – INSURANCE OPTIMIZATION AMIDST NEW TAX LAWS | PROTECT YOUR BUSINESS WHILE REDUCING INSURANCE PREMIUMS
In a recently published article, the Wall Street Journal looked at how new tax laws could impact 15 major industries in the United States, including Renewable Energy. It is believed that the proposal in the House tax bill would reduce or sunset federal tax...
A RENEWABLE ENERGY BALANCE OF POWER: DEVELOPERS AND NOT THEIR CONTRACTOR SHOULD INSURE ENERGY PROJECTS
RENEWABLE ENERGY RISK MANAGER MICHAEL COSGRAVE AND ENERGY CONSULTANT SAM JENSEN TEAM UP TO EXPLAIN WHY RENEWABLE ENERGY DEVELOPERS AND NOT THEIR EPC CONTRACTOR NEED TO OWN THE BUILDERS RISK INSURANCE POLICY ON THEIR PROJECTS Who should control the insurance when...
A Roof Decision | Why Solar Developers Should Buy a SEPARATE Insurance Policy for Roof Mounted Solar
Own a building and adding solar? Or, your building owner wants to simply add your solar array to their building's insurance? Don't do it and here is why... SCENARIO: There is common ownership of the building and the roof mounted solar being installed or already...
Measure Twice – A Free Software Tool to Measure Natural Disaster Exposures on Renewable Energy Facilities
Let the Risk Managers at RenewableGuard help you reduce your risk and insurance premiums by leveraging a free software tool that provides loss potential data of natural hazards occurring anywhere in the world Renewable energy companies spend billions of dollars each...
RenewableGuard: Trump Tower vs. The Eiffle Tower
The Paris Climate Agreement shows us how Political Risk can impact the Renewable Energy Industry, while also shedding light on the need for increased private financing. Bill Gates and his Breakthrough Energy Fund shows us just how to get that done... http://Bill...
THE EPA MEETS THE ITC – WHERE ACRONYMS COLLIDE
THE ENVIRONMENTAL PROTECTION AGENCY (EPA) HAS A NEW CHIEF AND THERE IS GROWING SPECULATION ON WHAT THAT MIGHT MEAN FOR THE RENEWABLE ENERGY INDUSTRY & ITS FEDERAL INVESTMENT TAX CREDITS (ITC) – HERE'S A LOOK AT MANAGING POLITICAL RISK In an article I wrote almost...
PARDON THE INTERRUPTION
NO POWER? NO INCOME? NO PROBLEM. HOW TO GET PAID BY YOUR INSURANCE COMPANY WHEN YOU'RE RENEWABLE ENERGY PROJECT GOES UP IN FLAMES! California is home to some of the world’s most notable renewable energy companies and projects. It’s also become a state prone to...
RENEWABLES IN RIO – RISKY BUSINESS?
THE OLYMPICS ARE DRAWING ATTENTION TO RISKS ASSOCIATED WITH ADVANCING RENEWABLE ENERGY SUPPLY IN DEVELOPING COUNTRIES The 2016 summer Olympics are just getting under way in Brazil with what the country promised to be the “greenest games” ever, but a closer look at the...
WHO TURNED OFF THE LIGHTS?
HOW CYBER ATTACKS HAVE FORCED ENERGY COMPANIES & GOVERNMENTS TO MANAGE NEW RISK It was a cold day December 23, 2015 in Kiev and it got a lot colder when hackers attacked the energy grid in western Ukraine. After shutting down substations, the hackers proceeded to...
FINDING THE BALANCE: GROWTH VS RISK
CONGRESS GREEN LIGHTS RENEWABLE ENERGY TAX CREDITS: $73 BILLION EXPECTED TO SURGE INTO THE INDUSTRY BUT WITH IT COMES RISK In early December, 2015, Congress made an impact decision to extend valuable tax credits to the Renewable Energy Industry, with arguably the most...
LOCATION! LOCATION! LOCATION!
MITIGATING WEATHER RISKS AND THEIR IMPACT ON RENEWABLE ENERGY ASSETS USING THE 5 STEPS TO THE RISK MANAGEMENT PROCESS Strong tornadoes are a common sight in the southern and central High Plains of the United States. But not in November. On November 16, 2014, a trio of...