Ariel Green launched as a clean energy technology insurer

Ariel Re has relaunched its clean energy division as Ariel Green, recognising the increase in innovative areas such as hydrogen, solar, bioenergy and energy storage.

The global insurer has identified the importance in Technology Performance Insurance which will protect against hydrogen production shortfalls caused by technology failures, enabling manufacturers to issue long-term projects to secure funding and become operational.

Technology Performance Insurance in the clean energy sector will allow lower-cost capital providers to manage aggregation risk in commercialised technologies and take part in innovative projects without applying a risk premium.

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