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Hail risk in solar: Identify, quantify, and mitigate

In this pv magazine Webinar, we will examine how solar project hail risk is increasing due to a perfect storm of market and technology changes including sharing lessons about and best practices for identifying, quantifying, and mitigating severe hail risk based on project location and fielded technology.

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In this pv magazine Webinar, we will examine how solar project hail risk is increasing due to a perfect storm of market and technology changes. On the technology front, PV modules are becoming less hail-resistant over time as manufacturers push the value-engineering envelope with larger format products and thinner front glass. Meanwhile, development is increasing in Texas and other hail-prone regions. Fielding less hail-resistant modules in more hail-prone locations requires better risk mitigation practices and rational insurance premiums.

Comparative hail risk assessments are imperative in the context of utility-scale PV project finance and insurance. Due to the large value of solar project hail losses, today’s insurance market is characterized by high premiums and significant coverage limitations.

In this webinar, we will share lessons learned about and best practices for identifying, quantifying, and mitigating severe hail risk based on project location and fielded technology. Moreover, we will discuss the challenges associated with communicating this information to the project finance and insurance communities.

Joining us for discussion and insights, the speakers will be Cherif Kedir, CEO and president, RETC, John Sedgwick, president, VDE Americas, and Sara Kane, executive vice president, CAC Specialty.

pv magazine Webinar content:

  • Overview hail durability testing
  • Identify and quantify site-specific hail risks
  • Examine effective hail insurance solutions
  • Q&A

Questions can be submitted beforehand in the comments window when registering or in the chat during the live webinar. Ryan Kennedy, editor at pv magazine USA, will be the moderator of this webinar.

Registration for this pv magazine Webinar is free of charge.

Speakers

Cherif Kedir | CEO and President, RETC

Cherif is the CEO and president of RETC, an independent testing laboratory specializing in PV and energy storage products. A 15-year solar industry veteran, Cherif is a go-to expert on bankability and certification testing, product development and engineering, yield and performance enhancement, test site development, and product reliability and durability. Before joining RETC, Cherif worked on product engineering, testing, and failure analysis in the semiconductor industry.

John Sedgwick | President, VDE Americas

John is a serial entrepreneur with over two decades of experience in renewable energy. In 2002, John co-founded Solaicx, a solar technology company with a proprietary process for the continuous growth of high-quality silicon ingots, and later played a key role in selling the company to SunEdison. In 2013, John co-founded VDE Americas, where he serves as president and leads the development of the company’s proprietary hail risk assessment and mitigation capabilities.

Sara Kane | Executive Vice President, CAC Specialty

Sara serves as the leader of the Power and Renewables team at CAC Specialty, a specialty insurance brokerage bringing bespoke insurance solutions to public and private corporations and private equity sponsors, and she also heads Cirrus, CAC’s risk management consulting platform. Sara has 15 years of experience in the risk and insurance space with an extensive focus on power and renewables. Sara has worked on all sides of the table, as an underwriter, risk manager, and broker. Prior to CAC, Sara held leadership positions with Beecher Carlson, SunEdison, Axis Capital, GCube, and AIG.

Moderators

Ryan Kennedy | Editor, pv magazine USA

Ryan joined pv magazine in 2021, bringing experience from a top residential solar installer, and a U.S.-based inverter manufacturer. He holds a degree in Management with a certification in Sustainable Business Practices from the Isenberg School of Management at the University of Massachusetts, Amherst, and is currently pursuing a Master of Energy and Environmental Management degree at the University of Connecticut.

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