L R AS Published on Saturday 21 January 2023 - n° 431 - Categories:the American PV

US solar power plants are poorly covered in the event of a claim

The American insurance company GCube Insurance is warning against the deterioration of solar power plants caused by natural phenomena, at a time when imports of replacement panels have been halted at US borders.

As most policyholders are only insured for twelve months, they are only covered for one year, which is insufficient in the event of a claim to cover debt financing and staff costs.

https://www.pv-tech.org/us-solar-asset-owners-at-risk-of-revenue-loss-amid-supply-chain-extreme-weather-risks/

PV Tech of 17 January 2023

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