The “Risks and Solutions for Insuring Hybrid Renewable Energy Projects” webinar hosted by Mercom India will bring together insurance specialists and developers to discuss the unique risks of hybrid renewable projects and offer solutions to address the concerns.

To date, India has an installed capacity of 3.6 GW of hybrid renewable energy projects, and an additional 31.2 GW of projects are under various stages of development. Hybrid renewable energy projects often require project developers to consider multiple risk mitigation measures to address an array of potential exposure factors, such as construction, the environment, regulations, technology, and operational hazards.

The market is adapting to these new risks and challenges associated with renewable energy projects by developing innovative insurance solutions. Finding the right insurance partner and negotiating the best terms and conditions is crucial for the success of hybrid renewable energy projects.

The webinar will address in further detail the changes in the insurance market and how they approach hybrid renewables.