kWh Analytics and US Department of Energy launch $2.4m Solar Resilience Initiative

kWh Analytics, a provider of climate insurance for renewable energy assets, has announced a new $2.4 million partnership with the US Department of Energy’s Solar Energy Technologies Office (SETO) through the Materials, Operation, and Recycling of Photovoltaics (MORE PV) Funding Programme.

This collaboration aims to create innovative strategies for enhancing the resilience of solar PV systems, emphasising the incorporation of resilience measures against natural disasters earlier in the asset development process.

The growing intensity and frequency of damaging natural disasters, like hail, hurricanes, and floods, present a major challenge to solar assets, jeopardising clean energy objectives.

Currently, developers lack the necessary tools to make informed choices about designing, building, and operating more resilient facilities.

kWh Analytics’ project aims to create resources that assist asset developers in addressing the specific risks their projects face at each stage of the lifecycle.

“This award is a testament to both the long-standing partnership between kWh Analytics and the U.S. Energy Department, and our organisation’s commitment to advancing the energy transition,” added Jason Kaminsky, CEO of kWh Analytics.

“Our deep industry knowledge and unparalleled data give us unique insight into climate-resilient design, construction, and management of renewable energy assets – knowledge that we apply to our underwriting decisions and risk assessment.”

The funding will support several important initiatives, including gathering real-world data on physical losses in renewable energy and establishing standardised best practices.

Project partners include the National Renewable Energy Laboratory, recognised for its research on resilience; DNV, an independent engineering firm; and STANCE Renewable Risk Partners, a consultant for lenders.

In the context of solar energy, resilience refers to an asset’s ability to endure, adapt to, and swiftly recover from disruptions caused by extreme weather or natural disasters.

This includes features such as, reinforced mounting systems, hail-resistant panels, and advanced monitoring and response technologies. By emphasising resilience, the solar industry aims to ensure the long-term sustainability and reliability of clean energy infrastructure.

kWh Analytics is focused on connecting researchers and industry experts with the insurance market to foster collaboration and the sharing of best practices.

Each year, kWh Analytics publishes the “Solar Risk Assessment,” a key report on solar generation risk.

This report is essential reading for the solar insurance sector, guiding investors to make informed, data-driven decisions about capital allocation.

The MORE PV research award offers an additional opportunity to collaborate with industry experts to enhance resilience measures that reduce solar generation risks and support the clean energy transition.

kWh Analytics was chosen as part of the SETO Materials, Operation, and Recycling of Photovoltaics (MORE PV) Funding Programme.

MORE PV projects address the challenges associated with the rapid rollout of PV systems in the US, including increasing demands on materials, operation and maintenance, and recycling.

As one of several project partners, kWh Analytics will help drive technological advancements that tackle these issues across all stages of the PV lifecycle—from material sourcing and installation to operation and end-of-life management.

This website states: The content on this site is sourced from the internet. If there is any infringement, please contact us and we will handle it promptly.