Renewable Energy Insurance Broker (REIB) is pleased to announce a new client in Europe. One of the pioneering German companies in Energy Storage Systems, Upside Group GmbH has trusted our insurance services. REIB provides insurance package for the three stages of the project:
Development Phase - Marine & Transport insurance
Construction Phase - Construction/Builders All risk insurance
Operational Phase - All Risk insurance, which includes Liability insurance of the Battery Storage System and Business Interuption.
One year of negotiations with German EPC and Kazakhstan investor have ended with success and Renewable Energy Insurance Broker won the insurance tender for 20 MW solar project in Kazakhstan. Our team is managed Erection All Risks policy, Operational All risks policy, including Reduced Yield cover, Advance Payment Bond Insurance, Marine insurance, Health insurance. We hope to increase our presence in Asia.
Are you afraid of underperformance of your solar power plant due to lack of sun? As you probably know this may cause:
- Lower end of year bonuses;
- Share price declines;
- Loan defaults;
- Lower investor confidence;
- Ratings downgrades;
- Worsened lending terms
Now we at Renewable Energy Insurance Broker are able to provide our clients in the US with a solution for underperformance due to lack of sun - Solar Irradiation Cover. If you are interested in that solution for your profit please do not hesitate to contact our experienced team.