Comprehensive insurance of photovoltaic, wind and water power plants or those which use biomass or geothermal energy for power generation helps cover the risks of plant construction and operation. Many years of experience of RENOMIA energy sector specialists in the field of renewable energy are a guarantee that our clients get specialized insurance coverage at the best terms, coupled with our best-​in-​class service.

Insurance of renewable energy assets typically includes:

• construction all risks /​ Erection all risks insurance

• property insurance against natural hazard including technical risk insurance (machinery risk insurance)

• liability insurance against risks associated with operation of a power plant
• business interruption due to natural hazard or technical failure

Main risks associated with renewable energy: 

• natural hazard
• theft of photovoltaic panels
• damage to the wind turbine blades due to strong wind
• mechanical damage to hydroelectric turbines
• vandalism
• damage to property and health during erection
• loss of investor's profit in the case of delayed commissioning of the work due to damage to the work