Renewable Energy Insurance
- Business interruption and delay in startup
- Debris removal
- Physical loss or damage
What Renewable Energy insurance can cover:
- Business interruption and delay in startup
- Physical loss or damage to project assets
- Debris removal following insured events
- Construction and operational phase risks
- Equipment breakdown and associated losses
- Third-party liability exposures (where included)
Cover is tailored to the technology, location and contractual structure of each project and is subject to underwriting assessment and policy terms.
Our Renewable Energy insurance forms part of our wider Energy Insurance offering, enabling clients and insurance brokers to access integrated solutions across multiple energy lines. This coordinated approach can support broader risk management strategies across renewable and downstream energy portfolios.
Our target risk
- Battery storage developers
- Construction contractors and equipment manufacturers
- Interconnector operators
- Lenders
- Offshore transmission companies
- Solar PV and solar thermal developers
- Windfarm developers
Why choose Canopius?
Capacity
Up to $250,000,000 capacity across all lines supported by A rated Lloyd’s security.
Consistent underwriting and claims
Our empowered specialists take a consistent approach to both underwriting and claims to ensure our clients are always directly in touch with decision makers.
Global reach
Our offices in London and Singapore enable us to provide comprehensive support to clients worldwide, ensuring local expertise and global insight.
Innovation
We leverage cutting-edge technology and analytics to tailor solutions that meet the evolving needs of the energy sector.
Risk engineering
Internal and external risk engineering expertise ensures that underwriting and claims understand the technical aspects of our clients’ risks and can be deployed to advise clients on risk mitigation.
Top-level expertise
Longstanding and market recognised team of lead underwriters in their respective disciplines supported by risk engineering and claims expertise.
Contact us
Please speak to one of our specialist underwriters to learn more about our Renewable Energy insurance services. We are here to help you find the best solutions for your business.
Renewable Energy Insurance FAQs
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Renewable Energy insurance provides specialised coverage for companies that generate energy from renewable sources such as wind, solar, hydro, and biomass. It protects against risks associated with developing, constructing, and operating renewable energy projects.
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Renewable Energy insurance is essential for companies and entities involved in the renewable energy sector, including:
- Construction companies specialising in renewable energy projects
- Equipment manufacturers and suppliers
- Financial institutions and investors in renewable energy projects
- Hydro and biomass energy producers
- Solar and wind farm developers and operators
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Renewable Energy insurance is crucial because it safeguards investments, mitigates risks, ensures business continuity, complies with regulations, and supports the financial stability of renewable energy projects.
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Renewable Energy insurance can form part of a broader risk management strategy by helping organisations address financial exposures linked to physical damage, delay in startup, and operational interruption.
When structured appropriately, it can complement contractual protections and technical risk controls. Cover is always subject to underwriting assessment and policy terms.