We caught up with a partner at insurance broker Lockton about recent developments in the space, including the ramifications – or lack thereof – of the recent Moss Landing fire on insuring BESS projects going forward.
US president Donald Trump will enact an additional 10% tariff on goods from China, affecting batteries and BESS, on top of a previously-announced tariff increase set to come in next month.
As Europe’s BESS industry matures, project owner-operators are taking on more control – and risk – when it comes to procuring technology and services for their projects.