SOLAR

Our business is aiding developers, owners, and manufacturers of solar technologies by optimizing the risk to their investors and customers. Our suite of risk transfer products include:

  • System-level technology performance insurance for project debt financing. Covered perils include: equipment performance, improper installation, improper or inadequate maintenance, and weather
  • Component-level technology performance insurance for emerging technologies, geared towards debt financing and tax equity investment
  • Performance warranties for customer economic protection
  • Off-taker interruption and transition protection
  • Balance sheet liability optimization through transfer of existing developer performance warranties

New Energy Risk offers customized coverage, tailored to the client’s need. Our solutions are geared toward the unique financing constraints of each of our clients. We offer solutions written on XL Catlin (NYSE: XL, S&P “A+”) paper through Indian Harbor Insurance Company.



 
FUEL CELL

We have worked with many of the top manufacturers in the fuel cell industry, primarily in the area of bankability. Whether it’s individual project performance or portfolio performance for a fleet of products, our business is aiding developers, owners, and manufacturers of fuel cell technologies by optimizing the risk to their investors and customers, often providing the bridge for power buyers to embrace new renewable energy technology over an extended term. Our suite of risk transfer products include:

  • Technology performance insurance for project debt financing and long term customer adoption. Covered perils include: equipment performance and improper or inadequate maintenance
  • Balance sheet liability optimization through transfer of existing performance warranties

New Energy Risk offers customized coverage, tailored to the client’s need. Our solutions are geared toward the unique financing constraints of each of our clients. We offer solutions written on XL Catlin (NYSE: XL, S&P “A+”) paper through Indian Harbor Insurance Company.



 
BIOMASS (WASTE-TO-ENERGY)

In the waste-to-energy market the technology offering is broad and diverse. There are numerous feedstocks used, including municipal solid waste (MSW), agricultural waste (plant, tree, etc.), and animal waste. There are a variety of ways to process the waste: combustion, anaerobic digestion, cryogenics, and more. And there are multiple outputs across the technologies including methane, ethanol, plastic crumb, and diesel. Our business is aiding developers, owners, and manufacturers of these technologies by optimizing the risk to their investors and off-takers. Our typical risk transfer products include:

  • Technology performance insurance for project debt financing. Covered perils include: equipment performance and improper or inadequate maintenance
  • Feedstock supply insurance

New Energy Risk offers customized coverage, tailored to the client’s need. Our solutions are geared toward the unique financing constraints of each of our clients. We offer solutions written on XL Catlin (NYSE: XL, S&P “A+”) paper through Indian Harbor Insurance Company.



 
ENERGY STORAGE

In the energy storage market there are a variety of different technologies being used, including lithium ion, redox flow, and lead acid. We have worked with manufacturers and developers in the energy storage industry, primarily in the area of warranty support. Whether it is individual product performance or portfolio performance for a collection of storage devices, our business is aiding developers, owners, and manufacturers of energy storage technologies by optimizing the risk to their investors and reducing the uncertainty for their customers.

Our suite of risk transfer products range from performance warranty policies to advanced risk-transfer solutions geared towards utility and commercial scale developersm, including:

  • Product Warranty Backstop: Defects and Workmanship Warranty Support
  • Key Attribute Warranty Backstops: Round-Trip Efficiency, Power Capacity, Energy Capacity, and Availabililty
  • Application Insurance: Demand Charge Reduction Guarantee Backstop

New Energy Risk offers customized coverage, tailored to the client’s need. Our solutions are geared toward the unique financing constraints of each of our clients. We offer solutions written on XL Catlin (NYSE: XL, S&P “A+”) paper through Indian Harbor Insurance Company.



 
WIND

We have worked with many of the top manufacturers in the wind industry, primarily in the area of operations and maintenance. Whether it’s individual project performance or portfolio performance for a fleet of turbines, our business is aiding developers, owners, and manufacturers of wind technologies by optimizing the risk to their investors.

New Energy Risk offers customized coverage, tailored to the client’s need. Our solutions are geared toward the unique financing constraints of each of our clients. We offer solutions written on XL Catlin (NYSE: XL, S&P “A+”) paper through Indian Harbor Insurance Company.



 
OTHER

Whether your technology focus is tidal energy or energy efficiency, if the concept and the product are new, the supporting performance data is limited, and the issue is the bankability of your emerging technology, then New Energy Risk is the logical place to start. We work with clients to tailor an insurance solution that provides just the right amount of risk transfer, not too much and not too little.

New Energy Risk offers customized coverage, tailored to the client’s need. Our solutions are geared toward the unique financing constraints of each of our clients. We offer solutions written on XL Catlin (NYSE: XL, S&P “A+”) paper through Indian Harbor Insurance Company.