Specialist insurer Altelium has launched a new ‘all risk’ battery energy storage system (BESS) insurance solution, in partnership with global insurer and reinsurer MS Amlin.
Powin Energy VP Danny Lu has said that attaining what is considered the highest standard in safety means that projects using the company’s Stack 225 battery storage system products can be executed faster and pack more capacity onto a single site.
Insurer Munich Re has launched what it claims is the world’s first long-term insurance plan for battery performance, signing up ‘all-iron’ flow battery maker ESS Inc as its first customer.
The CEO of a company that makes ‘microstorage’ units that connect directly to individual solar PV panels, says his products come with 20-year warranties with the intention of matching PV system owners’ expectations of product quality and lifetime.
