Showing posts with label Solar property insurance. Show all posts
Showing posts with label Solar property insurance. Show all posts

Wednesday, February 2, 2011

GCube Expands Solar Insurance Property Coverage

GCube Underwriting Ltd., a provider of insurance services for renewable energy technologies, says it has increased its solar property coverage from $300 million to $500 million for any single solar project or phase.

"We expect to see large-scale utility projects around the globe really start to take off as a result of the various government incentives promised between now and 2020," says Tim Kinsella, senior vice president of GCube Insurance Services. "It will require a concerted effort from the insurance community to support these large-scale projects and thus sustain the expected levels of growth in the global solar industry."

SOURCE: GCube Underwriting Ltd.