Articles

Technical Topic: Faulty Inverters

Posted on March 21, 2016

As solar PV projects begin to proliferate across Europe, the US, and regions in Africa and the Middle East, developers and manufacturers alike must think carefully about the technology they use to maximise the efficiency of projects and mitigate any risks of technical failure. Similarly, regulators must find the best ways to manage grid connections,…

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Event Review: GCube Advisory Council March Meeting

Posted on March 21, 2016

On March 9-10, GCube held its bi-annual Advisory Council event in Newport Beach. Providing a platform for leading renewable energy insurance and risk management leaders from the US and further afield to exchange ideas and experience in a confidential environment, the event witnessed lively discussion and productive debate.…

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Interview with an Insurance Manager: Dan Gumsley, Vattenfall

Posted on March 21, 2016

In June, GCube will be releasing the latest in its series of renewable energy claims reports. “Down to the Wire” will analyse the financial impact, causation and mitigation of subsea cabling claims, based on GCube’s proprietary data and a number of interviews with experienced industry spokespeople. Here, we provide an advance preview of one such…

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GCube Exceeds 1GW of Insured Irish Wind

Posted on March 21, 2016

Specialist renewable energy insurer, GCube Underwriting Ltd. (GCube), has significantly expanded its portfolio of underwritten Irish wind energy assets, now surpassing 1GW of operational wind farms and construction sites throughout the Republic of Ireland and Northern Ireland. Furthermore, the insurer now underwrites 300MW of wind capacity developed and operated by Irish firms in emerging markets…

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Message from Fraser McLachlan, Chief Executive

Posted on March 21, 2016

We’ve said it many times before – to the point that it’s something of a cliché – but when it comes to creating a viable global renewable energy industry, communication is critical. Naturally, by communication, I don’t mean talking for the sake of it, or aiming to promote a specific agenda. It’s about establishing and…

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Key Dates for 2016

Posted on December 10, 2015

Each year, GCube hosts a number of seminars and events, designed to promote information sharing among risk managers about key risks, claims and losses in the renewable energy industry. In conjunction, GCube is publishing a series of unique loss reports for its brokers and insureds. Here are a number of provisional key dates for your…

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Technical Topic: Tackling Turbine Fires

Posted on December 9, 2015

GCube is pleased to announce the launch of its latest report, Towering Inferno for its brokers and insureds. The December 2015 publication uses GCube’s proprietary claims data and publicly available news sources to quantify the financial and wider market impacts of wind turbine fires, offering strategies for mitigating fire risks. Here, Jatin Sharma, Head of…

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Renewable Spotlight: Managing CSP Risks

Posted on December 9, 2015

In less than a month’s time, a huge solar thermal plant will go live in the Moroccan city of Ouarzazate. This plant is made up of mirrors covering an area as large as 35 football pitches, equivalent to the area of Morocco’s capital city Rabat. The mirrors will harness the sun’s heat to melt salt,…

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Message from Fraser McLachlan, Chief Executive

Posted on December 9, 2015

If all goes to plan, by Friday of this week, delegates from 195 nations will have approved a new universal climate agreement to keep global warming below 2°C. This agreement should constitute the most solid commitment by the UN to combat and limit the effects of climate change since Kyoto thirteen years ago.This is all…

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Year in Review: US Renewables

Posted on December 9, 2015

Despite some wider uncertainty, the US renewables sector has achieved a number of milestones this year. In September, the US was ranked number one in EY’s Renewable Energy Country Attractiveness Index (RECAI) and President Obama’s Clean Power Plan (CPP), announced in early August, should ensure that the US renewables sector continues along its current path.…

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