RENEWABLE ENERGY: IMPACT OF COVID-19 ON PROJECT SPECIFIC INSURANCE

| March 16, 2020

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We are certain that everyone involved in renewable energy projects are thinking about the impact Covid-19 will have on your projects being planned, built or operated. The following blog is not to be used as a full guideline, but rather an overview of our perspective on the situation. With the global Covid-19 escalation, it is likely that both the developers and the OEM’s are thinking “what impact will Covid-19 have on the completion of my project” and “can I still meet my PPA deadline?’ The first question to consider is whether a delay caused by a Force Majeure event insurable? The short answer is that no, a delay in this scenario would not be covered. Insurance is about Physical Damage to the subject matter insured, which is the Works. An outbreak of Covid-19 is not a Physical Damage event.

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The Ground Up

The Ground Up was established in 2010. As of August 2018 TGU has become the leader of manufactured and engineered high quality compost, soils, and mulches in Houston, TX. In addition to being one of the largest green waste recycling operations in Houston, we also manage wholesale nurseries, stone & paver yards and offer our wholesale accounts a wide variety of landscape supplies in bulk, palletized and packaged.

OTHER ARTICLES

A Clean Energy Source of the Future?

Article | March 27, 2020

You know things are getting exciting when German bureaucrats are turning emotional, as happened one month ago in Berlin: “Hydrogen is the shit! And we need it desperately.” Thomas Herdan, the bureaucrat in question, is a prominent policymaker in the German Economic Ministry and, until that moment, was known for analytical thoughtfulness rather than for enthusiastic outcries. His excitement, however, is shared by governments and businesses around the world. The International Energy Agency IEA estimates that every year, the world’s governments pour $700 million into R&D for hydrogen applications alone. A few months ago, the U.S. announced $40 million in funding for 29 hydrogen projects across the country. As IEA puts it, hydrogen currently has “unprecedented political and business momentum”.

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8 Reasons Why Right Now Is A Great Time To Go Solar

Article | March 23, 2020

The impacts of the coronavirus COVID-19 are being increasingly felt throughout the country, but the usual bills – including electricity bills – keep rolling in. There’s a lot that really sucks financially-speaking at the moment, but there are some bright spots. Here’s why now is a particularly good time to be considering going solar. But there’s a sure-fire way to get a great return on your cash and that is acquiring a good quality, professionally installed solar power system. Try our new solar calculator – the estimated payback and returns might make your eyes pop. For example, the following are estimated simple payback periods and savings over ten years for a 6.6kW solar system costing $6,600 installed in the various capitals; using the calculator’s default settings:

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What does Covid-19 mean for Renewable Energy?

Article | April 15, 2020

Covid-19. It’s everywhere, and it’s probably the reason that your food cupboards are unusually more stocked than usual, or the fact that you’re likely reading this blog from the confines of your own home, as opposed to at your office or during your daily commute. But, despite the impact to business, economies, daily life and public health, there’s one bittersweet development which we can all take away from the outbreak – and that’s the considerable reduction of global CO2 emissions, and a resurgence of hope that it is fully possible for us to slow the onset of climate change and preserve our planet for future generations.

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How EV Chargers Help Campus Energy Ecosystems Evolve

Article | March 6, 2020

Electric engines are incredibly efficient, getting useful work out of 85 percent of the energy that goes into them. Gas engines only get 30 percent, wasting a lot of the energy we pay to fill them up with. That one fact drives intense fuel cost savings for electric vehicles, a clear win for a campus shuttle and bus conversion. But switching from gas to electric also opens up a world of operational resilience, energy independence and sustainability — with the right implementation of electric vehicle charging technology.

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Spotlight

The Ground Up

The Ground Up was established in 2010. As of August 2018 TGU has become the leader of manufactured and engineered high quality compost, soils, and mulches in Houston, TX. In addition to being one of the largest green waste recycling operations in Houston, we also manage wholesale nurseries, stone & paver yards and offer our wholesale accounts a wide variety of landscape supplies in bulk, palletized and packaged.

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