kWh Analytics CEO, Jason Kaminsky, discusses the growing risks faced by solar financiers amid extreme weather events such as the destruction of Fighting Jays in Texas. His company manages a comprehensive database of US solar assets and analyses this data to assess and minimise project risk. Kaminsky’s experience in the banking sector puts him in a unique position to assess the risks faced. He discusses the challenges faced by the industry, particularly in relation to the recent hail loss at Fighting Jays, which had significant implications for the insurance industry. He suggests that the industry will take more time to understand the risks of hail, particularly from the perspective of insurance companies who have traditionally prioritised the risk of holding 100% of the risk.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
