New tool aims to cut costly hail losses in utility-scale solar

Hail damage accounts for just 2% of filed solar insurance claims but more than 50% of total costs, according to VDE Americas. The firm has launched a risk-assessment tool with kWh Analytics to help utility-scale developers reduce hail-related losses. From pv magazine USA North America's $14 billion large-scale solar industry is a "sitting duck" with glass panels sitting in fields with "little to no protection," said VDE Americas, a technical due-diligence and risk-mitigation service provider. VDE said industry hail damage insurance claims represent only 2% of all claims filed but comprise over ...

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