Insurance

Sigenergy says the issue that has prompted a voluntary recall of the company’s 8 kW, 10 kW and 12 kW single-phase inverters in Australia and New Zealand stems from incorrect installation practices, not a product defect.

A transformer failure at the 850 MW Waratah Super Battery could trigger multimillion-dollar insurance claims and project delays, illustrating how a single unit outage can escalate at one of Australia’s largest battery projects.

A lithium-ion battery explosion at a national data centre in South Korea disabled hundreds of government systems, highlighting the vulnerabilities of a highly centralised digital infrastructure.

Australia’s consumer watchdog has warned thousands of households to check their Tesla battery energy storage systems with a nationwide recall in place after reports of the manufacturer’s Powerwall 2 units catching fire and damaging homes.

Trans-Tasman insurance company Suncorp says the heightened levels of fire risk that come with the growing use of lithium-ion batteries is pushing premiums up.

More than 300,000 residents in Queensland and northern New South Wales were left without power earlier this month after Cyclone Alfred battered the region, prompting Sydney-based infrastructure management solutions company Neara to say current energy models are no longer viable in an increasingly volatile climate.

Scientists have quantified the impact of wildfires on the availability of direct normal irradiance and global horizontal irradiance at the state, regional, and national levels in the United States. They have found that direct irradiance is more sensitive to smoke than the PV-relevant global horizontal irradiance.

With hailstorms in Australia and the United States severely damaging solar arrays – including “golf-ball sized” hail at the 350 MW Fighting Jays project in Texas in March 2024 – insurers are raising premiums and reducing or canceling hail coverage. Everoze Partner Simon Mason discusses the challenges the industry faces in minimising its hail risk exposure.

A New South Wales-based Agrivoltaics Resource Centre report reinforces utility-scale developments can successfully co-exist with agriculture but improvements to development application processes could pave the way for better project outcomes.

Lithium-ion batteries are generally safe and unlikely to fail but they can catch fire if they are damaged or stored or operated incorrectly. There is a tremendous amount of research and engineering effort going into making batteries safer but are technological advancements being rolled out quickly enough?