2024 Renewable Energy State of the Market Update

2024 Renewable Energy State of the Market Update

Through 2023, the renewable energy industry pursued growth spurred by sizable investments, government clean energy policies, and strong demand for renewables. Though energy transition efforts have ramped up, geopolitical challenges, climate risks, and economic conditions have tempered tailwinds in the renewable energy industry and also challenged the insurance market. In 2024, these familiar forces will shape the prospects for growth in the renewable energy industry. When approaching the insurance marketplace, buyers with differentiated, preferred risk profiles will achieve the best results, while loss-affected and natural disaster-exposed entities will see less favorable outcomes. Partnering with a team of dedicated renewable energy experts with meaningful experience in both the energy industry and insurance marketplace can help businesses ensure that they get the best outcomes from their risk mitigation strategies so that projects are financially protected every step of the way.

Read the full report with insights on the state of the Renewable Energy market.

Download BKS Partners Renewable Energy 2024 Outlook.


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