Latest news with #kWhAnalytics
Yahoo
12-06-2025
- Business
- Yahoo
kWh Analytics reveals top risk management challenges for renewable energy and BESS
kWh Analytics 2025 Solar Risk Assessment Report highlights challenges and opportunities to the renewable energy sector as solar and battery storage play a more prominent role in supporting the electrical grid.
Yahoo
20-05-2025
- Business
- Yahoo
Fintech Pioneer Amy Nauiokas Joins kWh Analytics' Board of Directors
Strategic Appointment Signals Next Phase of Growth for Climate Insurance Leader SAN FRANCISCO, May 20, 2025--(BUSINESS WIRE)--kWh Analytics, the leading provider of Climate Insurance and risk management solutions for renewable energy, today announced the appointment of Amy Nauiokas, Founder and Group CEO of Anthemis Group, to its Board of Directors. Nauiokas brings unparalleled experience in financial technology and transformation to kWh Analytics at a pivotal moment in the company's growth trajectory. As the founder of Anthemis, she has helped build the firm into a global fintech investment platform that has supported more than 250 companies through various stages of development. Under her leadership, Anthemis has become the industry-leading venture capital firm credited as the first to focus specifically on the multi-trillion dollar fintech industry. "We are thrilled to welcome Amy to our board," said Jason Kaminsky, CEO of kWh Analytics. "Her exceptional track record in capitalizing, building, and scaling innovative financial services companies aligns perfectly with our mission to expand climate insurance solutions for the renewable energy sector." Nauiokas is widely recognized as a strategic leader with deep experience in the insurance sector. She has served on the boards of multiple successful fintech and insurtech companies through critical growth phases, including the exit of Flo to Moen and Marqueta's acquisition of Power. Her guidance has been pivotal in helping these companies scale and secure capital. "The renewable energy sector stands at a critical inflection point, where innovative insurance solutions can help accelerate the world's transition to clean energy," said Nauiokas. "kWh Analytics has built a powerful platform that uses data intelligence and underwriting expertise to assess risk and reward extreme weather resilience for solar, wind, and battery projects. I'm excited to help the team grow their impact at this crucial moment in the fight against climate change." Anthemis invested in the kWh Analytics Series A, and Nauiokas now joins the board to replace a former Anthemis partner. This transition comes as kWh Analytics continues to expand its climate insurance products for renewable energy assets. About kWh Analytics kWh Analytics, a leading Climate Insurance provider, underwrites property insurance and revenue firming products for renewable energy assets. Our proprietary database of 300,000+ zero-carbon projects and $100B in loss data fuels advanced modeling and insights, enabling precise underwriting decisions. This data-driven approach incorporates resiliency measures in risk evaluation, promoting sustainable practices in the renewable energy sector. Trusted by 5 of the top 10 global (re)insurance carriers, we've insured over $50 billion in assets to date. Our tailored solutions further our mission of providing best-in-class Insurance for our Climate. Recognized by InsuranceERM Climate and Sustainability Awards, kWh Analytics continues to pioneer in the renewable energy insurance sector. Learn more at or LinkedIn. View source version on Contacts Media Contact: Nikky VenkataramanSenior Marketing ManagerkWh (720) 588-9361
Business Wire
23-04-2025
- Business
- Business Wire
kWh Analytics and Nextracker Collaborate to Cut Municipal Solar Insurance Deductible by 50 Percent Through Innovative Hail Stow Technology
SAN FRANCISCO--(BUSINESS WIRE)--kWh Analytics, the market leader in Climate Insurance, today announced a successful collaboration with Nextracker, a global leader in advanced solar energy solutions, that resulted in a 50 percent reduction in severe convective storm deductible for a solar project in Arkansas. This partnership demonstrates how strategic technology implementation can significantly improve insurance terms while enhancing risk mitigation for renewable energy assets. This partnership demonstrates how strategic technology implementation can significantly improve insurance terms while enhancing risk mitigation for renewable energy assets. The collaboration was initiated when traditional carriers became unwilling to cover a municipal solar developer's hail risk, a growing challenge for solar assets in severe weather regions. kWh Analytics, recognizing that the project employed Nextracker's solar tracking systems, developed an innovative insurance structure with comprehensive hail limits with low deductibles contingent on the implementation of Nextracker NX Horizon Hail Pro™ automated stow technology. 'This collaboration with Nextracker exemplifies how data-driven underwriting can incentivize resilience measures and benefit all stakeholders,' said Jason Kaminsky, CEO of kWh Analytics. 'By quantifying the risk reduction from advanced technologies like automated hail stow, we're able to offer significantly improved insurance terms.' The NX Horizon™ tracker system features core technology that enables rapid stowing without relying on grid power. The Nextracker asset management team collaborated with the municipal utility to upgrade existing tracker systems to include Hail Pro control system hardware and firmware, unlocking automatic stow capability. These enhancements included integrating DTN hail forecasting service and Nextracker's tailored hail stow thresholds, which trigger automatic stowing based on hail size, proximity to the site, and likelihood of impact. 'As extreme weather events become more frequent, having the ability to actively mitigate hail risk is becoming essential for solar asset owners and insurers,' said Andrew Griffiths, vice president asset management, Nextracker. 'Our Hail Pro technology is delivering measurable value by keeping critical infrastructure operating in the field, and in this case, contributing to lower insurance deductibles. This collaboration proves that smarter tracker design and advanced software can strengthen asset resilience and improve project economics.' For the developer, the benefits extended beyond insurance savings to operational improvements and peace of mind. 'This is so much easier and lets us sleep better at night and focus on preserving utility services for our community members,' said the municipal utility operations manager. This collaboration exemplifies how partnerships across the renewable energy industry can deliver tangible benefits for all stakeholders. When technology providers, insurers, and asset owners work together, they create innovative solutions that can reduce risk, lower costs, and enhance project reliability. You can learn more about the insurance deductible benefits resulting from this collaboration in kWh Analytics' case study. ABOUT kWh Analytics kWh Analytics, a leading Climate Insurance provider, underwrites property insurance and revenue firming products for renewable energy assets. Our proprietary database of 300,000+ zero-carbon projects and $100B in loss data fuels advanced modeling and insights, enabling precise underwriting decisions. This data-driven approach incorporates resiliency measures in risk evaluation, promoting sustainable practices in the renewable energy sector. Trusted by 5 of the top 10 global (re)insurance carriers, we've insured over $40 billion in assets to date. Our tailored solutions further our mission of providing best-in-class Insurance for our Climate. Recognized by InsuranceERM Climate and Sustainability Awards, kWh Analytics continues to pioneer in the renewable energy insurance sector. Learn more at or LinkedIn
Yahoo
17-04-2025
- Business
- Yahoo
VDE Americas and kWh Analytics Join Forces to Optimize Insurance Premiums for Solar Assets Designed for Hail Resiliency
SAN JOSE, Calif., April 17, 2025--(BUSINESS WIRE)--VDE Americas, a global leader in technical advisory and catastrophic risk assessment services for the solar power industry, and kWh Analytics, a leading Climate Insurance provider that differentiates premiums based on renewable energy asset resiliency, have jointly launched a new assessment form that evaluates solar site hail vulnerability and protective measures. The launch coincides with the beginning of North America's hail season, which spans from April through September, giving solar developers and operators a timely resource to safeguard their assets during these high-risk months. Multiple, high-profile hail losses have caused insurance challenges for solar assets, fueling the industry to adopt resilience measures, such as deploying thicker glass solar panels that are less prone to cracking. However, for insurance carriers to effectively assess risk mitigation, they need data. To provide meaningful hail risk evaluation data, VDE Americas and kWh Analytics have jointly developed the Hail Stow and Risk Evaluation form. This easy-to-use assessment allows insurance underwriters and financiers to confirm and monitor hail defense functionality. The form also provides an option for insurers to connect with tracker manufacturers and independent engineers directly for project specifics. Ultimately, projects that use this form and demonstrate the effectiveness of their resiliency efforts should receive insurance credits for doing so. The form and recommendations are informed by VDE's comprehensive best practices for hail defense, which include proactive solar panel stowing—tilting solar panels at extreme angles to minimize hail impact damage—sector-specific hail forecasting, and alert-based hail stow. kWh Analytics' and VDE Americas' approach to risk modeling leverages radar-based weather data and equipment-specific hail resiliency characteristics to create a data-driven model that rewards resilient design and operational excellence. By incorporating reliable, site-specific hail risk data and equipment performance metrics, this approach creates a more precise risk assessment framework that benefits proactive solar owners and operators. "Our evidence-based premium differentiation rewards projects with proven hail defense strategies, sending an insurance price signal to the industry and incentivizing the design, construction, and operation of more resilient solar assets," said Nicole Thompson, Senior Manager of Data Science at kWh Analytics. The form works alongside VDE Americas' Hail Risk Intelligence suite to address solar projects' vulnerabilities to hail. The evaluation provides insurers with standardized criteria to assess hail readiness, while the Intelligence suite equips operators with practical tools—including hail risk engineering reports, a Hail Risk Atlas with ArcGIS mapping, technical guidance for stow procedures, and forensic analysis capabilities. Together, these resources help solar projects both strengthen their resilience against hail damage and demonstrate resilience to insurers. "Safeguarding energy assets against severe weather risk is critical to maintaining grid stability across the United States," said Brian Grenko, CEO and President of VDE Americas. "This collaboration transforms how the industry approaches hail risk by establishing clear, actionable guidelines for resilient design and operations, plus an incentive to demonstrate hail defenses are in place and working as expected." For more information visit: and About VDE Americas VDE Americas provides technical advisory and risk mitigation services to equipment manufacturers and those who develop, finance, construct, own, operate, and insure large-scale solar power generation and energy storage facilities. The company's products and services have facilitated the financing of over $15 billion in operating renewable energy assets. VDE Americas is the world's leading expert in solar project hail risk intelligence and loss prevention. About VDE VDE, one of the largest technology organizations in Europe, has been regarded as a synonym for innovation and technological progress for more than 130 years. VDE is the only organization in the world that combines science, standardization, testing, certification, and application consulting under one umbrella. The VDE mark has been synonymous with the highest safety standards and consumer protection for more than 100 years. About kWh Analytics kWh Analytics, a leading Climate Insurance provider, underwrites property insurance and revenue firming products for renewable energy assets. Our proprietary database of 300,000+ zero-carbon projects and $100B in loss data fuels advanced modeling and insights, enabling precise underwriting decisions. This data-driven approach incorporates resiliency measures in risk evaluation, promoting sustainable practices in the renewable energy sector. Trusted by 5 of the top 10 global (re)insurance carriers, we've insured over $40 billion in assets to date. Our tailored solutions further our mission of providing best-in-class Insurance for our Climate. Recognized by InsuranceERM Climate and Sustainability Awards, kWh Analytics continues to pioneer in the renewable energy insurance sector. Learn more at or LinkedIn. View source version on Contacts Media ContactsMission Control for VDE Americasvde@ Nikky VenkataramanSenior Manager, MarketingkWh (720) 588-9361
