Renewable Energy Insurance Broker (REIB) has launched a new generation of insurance solutions tailored specifically for Battery Energy Storage Systems (BESS), designed to address this rapidly evolving sector’s unique risks and requirements. Presented during a dedicated industry breakfast in Sofia, these Special Terms for BESS Insurance mark a major step forward in providing developers, investors, […]
On April 29, 2025, Renewable Energy Insurance Broker hosted a business breakfast at Vivacom Art Hall, Sofia, dedicated to the strategic role of Battery Energy Storage Systems (BESS) in securing the performance and bankability of renewable energy projects in Southeast Europe. During the session, we also introduced our newly developed Special Terms for BESS Insurance, […]
As Southeast Europe moves toward renewable energy, Battery Energy Storage Systems (BESS) play a key role in stabilising the power grid. These systems store excess energy during low-demand periods and release it when needed, balancing solar and wind supply. However, energy storage projects come with risks, requiring specialised insurance and risk management solutions. REIB’s Commitment […]
Renewable Energy Insurance Broker (REIB) is proud to announce its role in insuring the largest photovoltaic park in Southeastern Europe, located in Ratesti, Arges County, Romania. The Ratesti solar park, spanning 170 hectares and with an installed capacity of 155 MW, is expected to generate approximately 220 GWh of electricity annually. This energy production is […]
The renewable energy sector is evolving at an incredible pace, bringing immense opportunities along with new challenges. At REIB, we are committed to supporting the industry in managing emerging risks associated with new technologies, leveraging our expertise and proven experience. Challenges in Green Investments Investments in green energy, particularly solar projects, often involve complex risks […]
The EU solar sector continues to set records, with 65.5 GW of solar PV installed in 2024, marking eight consecutive years of growth. This achievement is a testament to the resilience and potential of solar power, solidifying the EU’s position as a global leader in renewable energy. These remarkable trends, along with the challenges shaping […]
