Tag Archives: A-rated insurance

Speed up investment in the energy transition

Leaders from Altelium and volytica diagnostics issued the following statement ahead of the Munich Electrical Energy Storage Show. Battery energy storage systems (BESS) are exactly the sort of technology which can support deep reductions in emissions, through their ability to store clean energy. Making BESS out of second life vehicle batteries rather than new batteries […]

Altelium and TMK partner on first data-driven insured warranty for battery energy storage systems

We delighted to announce that Altelium has partnered with TMK to deliver the world’s first data-driven battery energy storage system (BESS) warranty programme. This new warranty programme will help accelerate growth in the battery energy storage market – a vital component in the race to reduce carbon emissions and achieve energy security. BESS enable renewable […]

Data-driven insurance and the green energy revolution

Altelium features in Energy Storage News with a headline “Data-driven insurance for batteries: An unsung hero of the green energy transition”. The article summarises an in-depth description of the role of insurance in both facilitating the green energy transition and quantifying its contribution to ESG targets, published in Vol.30 of PV Tech Power. Charley Grimston, […]

Ross Kiddie joins as North American General Manager

We’re delighted to welcome veteran of the US energy industry, Ross Kiddie as Altelium’s North American General Manager, to lead the roll out of our pioneering insurance products in support of the green energy transition across the US and Canada. In the coming months, the Biden administration will invest nearly three billion to fund battery […]

The challenges of financing a battery storage project

Many of the unexpected challenges of financing a battery storage project relate to insurance and the difficulty in either securing or renewing policies because so few companies understand the core product – batteries – with sufficient depth. Because this was such an important topic, the panel which Charley Grimston, Altelium CEO took part in at […]

AI and big tech take down the barriers to battery bankability

That insurance is key to bankability of energy assets was a key theme to emerge from London Energy Storage Summit (ESS UK). Charley Grimston, executive chairman of Altelium attended the London Summit and will be a speaker at the US Summit taking place in Austin, Texas from the 22 – 23rd March. Charley explains: “Warranty […]