Pv energy storage project insurance

What insurance do PV installers need?

At minimum, installers, contractors, and project designers should provide proof of general liability and professional liability insurance (also known as errors-and-omissions insurance). Professional liability insurance covers claims arising from PV system design, consulting, engineering, or installation.

How do I control insurance costs for PV plants?

Another way of controlling insurance costs for PV plants is through selecting the types of perils that are covered or excluded. Policies are generally written as all risk, which means that there is coverage for all risks unless specifically excluded.

Are solar modules a risk for long-term profitability?

To remain competitive manufacturers need to convince their clients of their products’ long-term reliability. At the same time investors and park owners are often bearing the full risk for module performance jeopardising the overall long-term profitability of their solar investment. The video is not available.