Australia's utility-scale solar industry continues to expand, but so too does the importance of designing projects that can withstand increasingly severe weather events.
Hail is now one of the primary drivers of insured losses for solar assets globally. As insurers place greater scrutiny on climate resilience, developers are facing increased underwriting requirements, higher deductibles and greater expectations around project design and operational risk management.
Inside the publication
The guide explores:
Why hail has become a key focus for insurers of utility-scale solar projects.
How Australia's renewable energy landscape influences hail exposure.
Practical strategies to improve project resilience, including tracker stowage, panel selection and operational preparedness.
Why designing for resilience early can support more favourable insurance and financing outcomes.
The publication also builds on insights shared in our Australian Renewable Energy Market Update – March 2026 (opens a new window) and The Unintended Consequences of Renewable Energy Zones (opens a new window), providing a deeper look at one of the industry's most significant emerging risks.
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Download the report today and equip your renewable energy projects with the insights needed to navigate evolving insurance market conditions with confidence. (On the right for desktop and below for mobile).
The contents of this publication are provided for general information only. Lockton arranges the insurance and is not the insurer. While the content contributors have taken reasonable care in compiling the information presented, we do not warrant that the information is correct. The contents of this publication are not intended as a legal commentary or advice and should not be relied on in that way. It is not intended to be interpreted as advice on which you should rely and may not necessarily be suitable for you. You must obtain professional or specialist advice before taking, or refraining from, any action based on the content in this publication.
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