Insights

There was a very strong sense of optimism about the large renewable energy opportunity in Western Australia at two significant Clean Energy events attended by the Green Team on the 16th and 24th of June in Perth. The abundance of wind (onshore and offshore) and solar in the very sparsely populated state were key themes […]

A recent technical report, co-authored by Green Insurance’s international partner Price Forbes, provided important insights into some of the challenges of insuring wind projects.   It commented that “over the past two years we have seen increasing delays in closing of project financing due to insurability issues. At this stage of the project construction contracts

There is ongoing commentary about significant insurance premium increases and coverage reductions for renewal energy projects. This is being attributed in great part to climate change related insurable risks like weather and bushfire exposures and events. Australia is considered in the top echelon of climate change risk exposed geographical regions by the global insurance industry.