Generate the Power. Protect the Project.
Protecting the owners and operators of utility-scale solar, wind, and storage
Renewable energy operations carry a risk profile built around high-value equipment, long project lifecycles, and dependence on generation that is exposed to the weather. A utility-scale solar farm, wind project, or battery storage system represents enormous capital spread across an open site, generating revenue under power purchase agreements that assume the plant keeps producing. When hail shreds a solar array, a turbine gearbox fails, or a transformer goes down, the loss is both the physical damage and the generation revenue — and the contracts behind the project often keep running whether the plant does or not. This is a distinct exposure from the contractors who install the systems; it is the risk of owning and operating the asset.
Insuring a renewable project is about protecting generation and the contracts that depend on it, not just the hardware in the field.
Key Risks in Operations
Catastrophic equipment values in panels, turbines, inverters, transformers, and storage systems
Weather and natural-catastrophe exposure — hail, windstorm, lightning, and flood on open sites
Lost-generation business interruption and power purchase agreement (PPA) obligations
Equipment breakdown of turbines, inverters, transformers, and balance-of-plant systems
Environmental exposure from battery storage, transformer oil, and fire
Delay in startup during construction and commissioning
Performance and professional exposure tied to output guarantees
Cyber and operational-technology risk across SCADA and grid controls
The combination of open-site CAT exposure and revenue dependency defines the risk.
Core Coverages
Commercial Property / All-Risk — Covers panels, turbines, inverters, transformers, and storage assets against physical loss, including the hail and windstorm perils these open sites are most exposed to.
Business Interruption & Lost Generation — Replaces generation revenue and funds PPA obligations when a covered event takes the plant offline.
Equipment Breakdown — Responds to failure of turbines, inverters, transformers, and balance-of-plant machinery.
Environmental / Pollution Liability — Addresses battery fire, transformer oil, and site contamination exposures.
Delay in Startup (Construction) — Covers lost revenue and costs when a covered event delays a project's commercial operation date.
General Liability — Protects against third-party bodily injury and property damage on and around the site.
Professional / Performance Liability — Responds to claims tied to output and performance guarantees.
Cyber & Operational Technology — Covers attacks on SCADA, controls, and grid-connected systems.
Workers' Compensation, Terrorism, D&O & Umbrella / Excess Liability — Round out the program for staff, critical-infrastructure risk, investors, and the large limits these projects require.
What's Commonly Overlooked
Renewable energy insurance programs are often weakened by:
Property limits and hail deductibles that don't reflect real solar-array exposure
Business interruption that ignores PPA obligations and curtailment
No dedicated environmental coverage for battery storage and transformer oil
Equipment breakdown overlooked on turbines, inverters, and transformers
Gaps between the construction (delay-in-startup) and operational phases
Thin cyber coverage for grid-connected operational technology
These gaps typically surface at claim time — not before.
A hailstorm damages a large share of a solar array and halts generation
A wind-turbine gearbox fails and takes a unit offline for months
A battery storage system fire creates damage and an environmental obligation
A transformer failure interrupts output and triggers PPA shortfall costs
A commissioning delay pushes back the commercial operation date and the revenue with it
For a revenue-generating asset, downtime is often the largest part of the loss.
Why Proper Placement Matters
Coverage varies significantly based on:
Technology type — solar, wind, or battery storage — and site catastrophe exposure
Hail and windstorm deductibles and sublimits
PPA obligations and how business interruption is structured
The handoff between construction and operational coverage
Battery, transformer, and environmental systems on site
Improper placement can leave the generation revenue — the whole reason the project exists — uninsured.
Our Approach
At Cory Washington & Co., we structure renewable energy coverage around the asset and the revenue it produces: realistic CAT and hail terms on the equipment, business interruption built around PPA obligations, and a clean handoff from construction to operations. We coordinate property, equipment breakdown, environmental, and performance coverage so a single event is answered across the whole project. For the firms that build these systems, see our related contractor coverage, and for site contamination exposures, our pollution liability page.
Protect the generation, and the project protects itself.
All insurance descriptions on this website are provided by Cory Washington & Co. LLC strictly for general informational purposes. They are not intended to be, and should not be relied upon as, legal, financial, or insurance advice. The information presented is general in nature and does not guarantee the availability, terms, conditions, or scope of any insurance coverage. Actual coverage is determined solely by the specific policy language issued by the insurer and remains subject to underwriting approval. Nothing on this website creates or implies an agent-client relationship, binds coverage, or alters any existing policy. Cory Washington & Co. LLC expressly disclaims any liability for actions taken, or not taken, based on the content provided here. For advice regarding your particular situation, please consult directly with a licensed insurance professional at Cory Washington & Co. LLC or another qualified insurance professional, and always review your policy documents in full.
See the coverages a renewable energy operations business may carry — core, prevalent, and situational — plus the gap most often missed, in the Renewable Energy Operations Coverage Checklist.
Complete the Renewable Energy Operations Supplemental online in a few guided steps, download the fillable PDF, or browse all applications.
Frequently Asked Questions
How do I get renewable energy operations insurance through Cory Washington & Co.?
Request a quote or contact our team. We start with a short conversation about your operations, analyze your exposures, then negotiate renewable energy operations insurance across multiple carriers that compete for your account and present options with the trade-offs explained. Cory Washington & Co. LLC is licensed in all 50 states.
What does renewable energy operations insurance cost?
Premiums vary from business to business. The main drivers of renewable energy operations insurance pricing are the nature of your operations, your revenue and payroll, your loss history, and the limits you carry. Rather than quote a flat figure, we negotiate across several markets and walk you through the options, so you only pay for the protection you actually need.
Is renewable energy operations insurance required?
It depends on your situation. Some coverage is required by law; more often, renewable energy operations insurance is required by a contract, lease, lender, or client before they will do business with you — and even when it is not mandated, it guards against exposures that can be severe. We review your operations and obligations and tell you plainly what you need and why.
What if another agency has already declined or non-renewed my coverage?
Difficult, specialty, and previously-declined placements are a core part of our work. We access excess & surplus (E&S) and specialty markets that many generalist agencies cannot, and we explain the trade-offs clearly so you can decide with confidence.
Available in all 50 states. See how requirements differ in California, Texas, Florida, New York, or choose your state.