Excess nat cat cover for renewable-energy assets

kWh Analytics on Thursday announced the launch of excess natural catastrophe coverage through its licensed insurance entity, Solar Energy Insurance Services., meant for “addressing the growing need for severe convective storm protection in the renewable energy market.”

The excess layer will provide up to $20 million more in capacity specifically for damage from severe convective storms and named windstorms in non-coastal areas for solar, wind and battery energy storage assets.

kWh Analytics’ existing property capacity provides 100% operational and construction coverage for such assets.

“Projects that implement protective measures such as hail stow capabilities, reinforced module characteristics including glass thickness, and proper O&M protocols will benefit in the excess layer, just as they do in primary coverage,” kWh Analytics said.