Despite no publicly declared major incidents of cyberattack in the renewable energy sector to date, successful attacks on the wider energy industry are expected to be replicated in the future, according to the chief of an insurer now offering cover for such threats to clean energy.
Renewable energy insurer GCube has secured a new underwriting facility to manage project risks during construction and operations in the Middle East and North Africa.
The average severity of insurance claims from the solar PV industry has increased by 87% over the past five years often as a result of extreme weather, according to new research from renewables insurance specialist GCube Underwriting.
In this week's Movers & Shakers, PV Tech reports some recent industry mergers and acquisitions, dramatic UK solar job losses and an equally dramatic opportunity for job growth in the US with Tesla's new Gigafactory in Nevada.
