GCube , the leading underwriter for renewable energy projects, has today launched a new, smarter, data-powered insurance offering. The service, supported by Clir, a company dedicated to maximizing project returns from renewable energy assets, will leverage AI-led analytics and data sets to offer enhanced terms and reduced premiums for wind and solar operating companies. Over the last ten years, renewable energy insurance has been characterized by some significant losses that have resulted in the market altering terms in order to compensate. Moreover, as the wind and solar industries have expanded in scale, proliferated into more extreme environments, and brought a raft of new products into the market, claims severity has increased. With insurance premiums resetting to a new base, renewable energy project operators face increasing insurance costs. In a move designed to support the sustainable growth of the renewables industry in the long term, GCube has signed with ...