Energy Storage

Tailor-made Insurance Solutions for Battery Energy Storage Systems (BESS)

As the global energy transition accelerates, energy storage has become a critical enabler of renewable energy deployment and grid stability. At REIB, we specialize in providing comprehensive insurance solutions for Battery Energy Storage Systems (BESS), offering protection at every stage of the asset lifecycle.

Why Choose REIB for Energy Storage Insurance?

Our expertise lies in understanding the complex risk landscape of energy storage projects. With a proven track record in the Balkans and Europe, we are the first insurance brokers in Bulgaria to deliver tailored products specifically for BESS, covering a wide range of technical, operational, and financial risks.
Proven expertise: We have insured MWh-scale energy storage systems in the region, partnering with leading developers, investors and EPC contractors.

Local and international insight: Deep knowledge of regulatory frameworks and technical standards in emerging and mature energy markets.

Responsive claims handling: In partnership with our claims experts and loss adjusters, we ensure prompt and fair settlements.

Energy_storage
Energy storage

We provide insurance protection for around 1GWh capacity of Battery Energy Storage Systems worldwide.

At REIB, we go beyond conventional insurance. We offer comprehensive risk management strategies, covering the specific risks unique to BESS. These include physical damage to battery cells and inverters, fire and thermal runaway events, and business interruption (BI) resulting from equipment failure or grid downtime. Our tailored solutions are designed to protect your assets and secure your revenue streams throughout the lifecycle of your energy storage project.

Whether you're developing, building, or operating a Battery Energy Storage System, REIB provides the insurance expertise you need to mitigate risk and secure your revenues. Our team is here to help you navigate the complexities of energy storage insurance, ensuring your projects are protected today and in the future.

Contact us today to discuss how we can support your next storage project.

Marine / Transit / Transport insurance
Contractors/Erection All Risks
Delay in Start-Up (Advance Loss of Profit)
Public Liability
Operational All Risks (Incl. Damage, Breakdown, Loss of Revenue)
Environmental Liability
Public Liability
Extended Loss of Revenue Indemnity Period (18 Months)
Extended Loss of Revenue Cover for Damage to Grid/Substations
Cover for Imported Energy or Energy Stored
Decommissioning Bonds
Terrorism
Cyber Attacks
Defective Title/Chancel etc.

Why Choose Us?

  • We are specialists on the solar insurance field
  • Guaranteed 24 hours communication: online claim forms; responce to any query within 24 hours; senior advisor is available
  • We work only with A rated insurance companies
  • We can provide solar insurance package for your photovoltaic plant worldwide
  • We understand your business
  • We go above and beyond to make sure our customers are happy with our services
  • We can make your PV project more bankable

Schedule an appointment with one of our experts