Insurance: the key to renewable energy success?

Read the full story at SmartPlanet.

Many banks are wary to finance renewable energy projects, and that hesitation can stall or even stop new projects. Insurers have stepped in to help mitigate the risks and establish the appropriate underwriting processes.

Massachusetts based Energi Insurance Services has published a handbook to guide banks though the many risks involved with renewables (and naturally how insurance products can help). The findings outline potential risk exposures in an attempt to help banks identify conditions when loans may not be repaid.

Author: Laura B.

I'm the Illinois Sustainable Technology Center's Sustainability Information Curator, which is a fancy way of saying embedded librarian. I'm also Executive Director of the Great Lakes Regional Pollution Prevention Roundtable. When not writing for Environmental News Bits, I'm an avid reader. Visit Laura's Reads to see what I'm currently reading.

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