kWh Analytics

Amid a new administration and an uncertain policy landscape, is the future of renewable energy secure? CEO Jason Kaminsky explores the key trends and opportunities shaping the industry 👇 https://lnkd.in/dcstJqMY Digital Insurance

When you work with a professional podcast host, the conversation can be a lot more open and dynamic. I love that Michael Waitze didn't want to discuss content on the prep call, as he didn't want the recording to feel scripted. It was a real pleasure to join InsurTech Amplified and discuss the opportunities for the renewable energy industry! Link in the comments.

2024 was a year of milestones — including expanding our team with 4 talented new hires! 💼👏 Their contributions are already making waves in how we protect and insure renewable energy assets. Here's to a new year! 💪

As renewable energy becomes a cornerstone of the global transition to cleaner sources, the industry faces a critical challenge: resilience in the face of increasingly severe weather events. In this rapidly changing environment, renewable energy projects like solar and wind farms are facing unexpected risks, and insurance is stepping up as a vital player in securing their future. ⁠Jason Kaminsky⁠, CEO of ⁠kWh Analytics⁠, details how the renewable energy is moving toward building for resilience. With property damage from severe weather on the rise, renewable developers are being forced to rethink their strategies. The “lowest cost provider” approach is giving way to a new era of resilience-focused design. Insurance has become a central factor in ensuring these projects’ financial viability. The team at kWh Analytics combines powerful data models, advanced technology, and a fresh perspective on insurance. They use data-driven insights to help developers build assets that withstand natural catastrophes, collaborating with banks, the Department of Energy, and even leveraging parametric insurance to cover production risks. As Jason explains, insurance is a tool for long-term sustainability in the renewable energy boom. In this episode, we dig into why insurance matters more than ever in clean energy and how companies like kWh are leading the charge in rethinking what it takes to secure a resilient, renewable future.

Thrilled to welcome Garvin Jones to the kWh Analytics team as our newest Underwriter, Renewable Energy! 🎉 Garvin brings extensive experience in renewable energy underwriting and a proven track record of excellence in the clean energy insurance space. His deep industry knowledge and expertise will be invaluable as we continue to expand our underwriting capabilities and capacity. We're excited to have Garvin's talent and energy on board as we continue providing Insurance for our Climate. Please join us in welcoming Garvin!

Did you know that early collaboration between solar project owners, brokers, and insurers can drive down insurance costs and build more resilient projects? Developers are working with their brokers and carriers to understand extreme weather resilience early on in the project development cycle. This proactivity can have a big impact on insurance costs once the site becomes operational. 👉 Read the full article, based on a recent webinar by kWh Analytics, CAC Specialty, and Sol Systems: https://loom.ly/vPLIsOY

Our Head of Strategy and Product, Sarath Srinivasan, will be attending the NYSERDA virtual showcase tomorrow to pitch kWh Analytics' idea for the Insurance Innovation Prize. ⏰ Tuesday, December 10, 12PM ET Make sure to tune in!

The secret to reducing insurance costs? It’s in your O&M strategy. Our CEO Jason Kaminsky shared key insights in a recent PV Tech article on optimizing O&M planning for solar assets amid rising severe weather risks. Key takeaways: ❄️Winter sees 14% more corrective actions vs summer ⚡Inverters cause most maintenance issues (55% of downtime) 🌟Proactive risk management is essential for favorable insurance Read more on how solar asset owners can build resilience through strategic O&M: https://lnkd.in/gKMBWrgs

Wind proxy hedges provide a safety net for renewable energy developers by transferring the financial risks of variable wind speeds to insurers. If wind speed (measured at a nearby proxy location) drops below a predetermined level, the hedge compensates for the shortfall. By stabilizing cash flows, these hedges empower developers to focus on building a cleaner energy future. Explore how wind proxy hedges are shaping renewable energy’s future: https://lnkd.in/gpb2vGBa

Earlier this year we began deploying AI within our business, and it's been so exciting to watch how it can offer superpowers to our engineering and underwriting teams. Like most new technologies we are deploying AI in a measured fashion, but the potential is staggering.