AXIS RENEWABLES
The future

For this year and beyond, even deeper collaboration between all stakeholders in the industry must be the key focus if we are to learn and make progress. The relationships between insurers, brokers and insureds have never been more important. Working together to develop specialist solutions to new challenges will help to determine the sustainability of the renewables industry in the long term. For our part, the global Renewable Energy team at AXIS will continue to focus on best practices and what we believe are the minimum standards for all parties that are working together for the long-term success and sustainability of the renewables industry.
In return we welcome your views and thank you for your partnership, collaboration, and support. I hope that by continuing to foster open channels of communication, we can provide you with the best products and service possible and I look forward to continuing to grow our businesses together.
Sources
1. Recharge, January 2023: ‘Transformational’ IRA spurs US green giant NextEra to record build plans
2. Recharge, January 2023: ‘Biden’s vision come to life’ Hanwha to invest $2.5bn in US solar manufacturing facilities
3. Siemens Gamesa, February 2023: Results for the first quarter of fiscal year 2023 (October – December 2022)
4. Vestas, February 2023: Vestas Annual Report 2022 – A challenging year with negative productivity
Disclaimer
The AXIS Renewable Energy team provide expertise in insurance coverage and risk mitigation analysis and insights for every stage of renewable energy projects from development through operation, ranging from stand-alone projects to utility scale. This material is for general information, education and discussion purposes only. Statements contained herein are not professional or legal advice of AXIS or its affiliates. AXIS makes no representations as to the accuracy or completeness of the information contained herein and is under no obligation to update or revise the information as a result of new information, research or future events. AXIS assumes no liability by reason of the information within this material.