Wind energy holds immense potential for enhancing renewable capacity growth, especially in regions like Southeast Asia, Europe, and the USA, which are pivotal in driving the global energy transition. To reach the levels of green electricity foreseen in the Net Zero Scenario will require increased financial support for both onshore and offshore wind farms.
Descartes offers an innovative solution to protect the balance sheets of producers, lenders, and wind energy stakeholders against the risk of wind producing lower energy production. Parametric wind yield insurance is designed to mitigate financial losses due to lack of wind, leveraging climate and weather data and advanced modelling techniques to provide bespoke coverage against wind power volatility.
Why Choose Descartes Underwriting?
We leverage our extensive renewable energy expertise and cutting-edge technology to deliver unmatched protection for our clients. Our in-depth knowledge of wind energy projects, combined with thorough risk assessments utilizing historical wind data and turbine performance, enables us to offer highly customized insurance solutions tailored to your unique needs.
Interested in learning more about our wind volatility insurance? Enter your details to download our comprehensive product sheet. This resource includes a detailed product description, a case study, and a FAQs section, providing all the information you need.