Posted on October 1, 2016
Sam Walsh, senior vice president, talks to Risk & Insurance about the opportunities and challenges around solar PV technology.
Misaligned mirrors at Ivanpah Solar Electric Generating System — the world’s largest solar plant — caused a fire in May that took one of the California facility’s three generators offline for several weeks.
Posted on September 13, 2016
Offshore underwriter, Jonny Allen, is interviewed by Renewable Energy World
Four experts explain how insurance companies measure risk and therefore set premiums for new projects and new technologies…
Posted on August 19, 2016
Fraser McLachlan, Chief Executive of GCube, reports on modelling renewable energy risks. (Pay wall)
The risk profile for the development and operation of renewable energy projects worldwide is rapidly evolving. As the market expands and moves into new territories, the insurance sector has moved with it, supporting investors in the substantial logistical challenge of building projects in remote regions overseas, from Africa to South America and south-east Asia.
Posted on June 16, 2016
GCube talks to Low Carbon Energy Investor about weather risk. (Pay wall)
What are wind investors supposed to do when the weather poses a risk to production? Some are turning to insurance products to stabilise cashflows, finds Jordan Stutts…
Posted on June 6, 2016
Bill Hildebrand, executive vice president, talks weather risk transfer with Risk & Insurance magazine.
Ambitious underwriters are learning to make hay while the sun does not shine. And when the wind does not blow, and the rain does not fall on watersheds…
Posted on February 1, 2016
Charlie Richardson, Senior Underwriter at GCube, contributes an article on solar risks to Solar Novus Today.
Recently a huge solar thermal plant went 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…
Posted on December 7, 2015
Head of Business Development, Jatin Sharma, contributes an article to an Insurance Day Special Report
In October a Nordex wind turbine caught fire at the Midtfjellet wind farm in Norway. It was a project owner’s nightmare, combining the loss of an expensive asset, lengthy and costly downtime and an inevitable flurry of negative media attention…
Posted on September 4, 2015
Head of Offshore, Jatin Sharma contributes to the cover feature in September’s Windpower Monthly
As developers look beyond their own balance sheets to fund larger wind projects, especially offshore, the role of the insurance underwriters grows in importance. But is satisfying the risk aversion of outside investors stifling innovation in the wind industry? Two Areva 5MW turbines installed at Germany’s Alpha Ventus offshore wind project began malfunctioning just months after being commissioned in 2010…
Posted on September 4, 2015
GCube’s CEO, Fraser McLachlan is interviewed by Leigh Collins for a feature in Recharge
Risk is at the heart of every wind development, particularly offshore. No-one can be certain how hard the wind will blow, how the turbines will cope over the years or how difficult installation or maintenance will be. And with political instability and financial constraints in many countries, developers can no longer be sure they will actually receive the economic support promised by government…
Posted on March 30, 2015
GCube contributes a feature to Renewable Energy World magazine
Despite the recent evolution of direct drive systems, the gearbox remains an integral part of the vast majority of operational wind turbines worldwide. It is the central component of the drive system and a critical interface between blades and generator. Unsurprisingly, it is also one of the most expensive single components of the system as a whole, constituting 13 percent of the overall value of the typical onshore wind turbine…