Tag Archives: bankability

EV Battery Summit, Rotterdam

The European Electric Vehicle Battery Summit brings together industry leaders from across the EV supply chain including vehicle manufacturers and battery producers, with policy makers from regulatory bodies, NGO’s, market and energy consultants and analysts. Alex Johns from Altelium will be chairing the second day of discussion, Thursday 9 June. He will also be presenting […]

Altelium and MS Amlin partnership provides new battery energy storage insurance solution

Companies involved in battery storage have been challenged to secure insurance which can be both customised to their needs and completed on time. We’re delighted to announce a solution to this issue through our partnership with MS Amlin Underwriting Limited (MS AUL), the Lloyd’s leading global (re)insurer, to provide a client-centric battery energy storage system […]

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 […]

David Partington joins Altelium as Chief Operating Officer

We’re delighted to announce the appointment of David Partington as Chief Operating Officer at Altelium to accelerate access to our end-to-end platform and support the business’s global expansion. David has deep experience of the interface between insurance and technology. He joins Altelium from the ‘unicorn’ insurance exchange, bolttech, where he helped deliver their first ever […]

Warranties for electric fleet vehicles

While commonplace for traditional vehicles, extended warranties such as those offered by Altelium have only come on to the market very recently for electric batteries.  FleetWorld magazine discusses protecting EV battery health,  residual values and warranties as part of an interview exploring “how to avoid an electric shock when you come to sell your electric […]

How to maximise the residual value of an electric fleet

The British Vehicle Rental & Leasing Association (BVRLA) invited Alex Johns, Altelium’s sales development manager, to present to its Residual Value and Remarketing (RVR) forum this month. Over a hundred fleet managers attended the forum where Alex explained the importance of gathering data about their EVs and understanding battery chemistry. There is a huge variation […]