Parametric Insurance for Weather Risks Gains Traction in Renewable Energy: Interview

Weather index-based insurance helps projects navigate risks from weather uncertainties better

September 24, 2024

/ B.S. Nagaraj
/ Renewable Energy, Solar, Wind
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Weather vagaries like inadequate wind speeds and decreased irradiance can adversely impact wind and solar generation. Weather-based parametric risk insurance is gradually gaining ground in India’s renewable energy sector. Insurance companies have been tailoring their products to meet the needs of the renewable energy sector.

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B.S. Nagaraj

More articles from B.S. Nagaraj.
InterviewParametric InsuranceRenewable EnergySolarWeatherwind
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