Allianz Group
Emerging Risks in Solar Photovoltaic Installations
Pages
14
Time to read
36 mins
Publication
Language
English
Pages
14
Time to read
36 mins
Publication
Language
English
This technical report discusses the emerging risks associated with solar photovoltaic (PV) installations, particularly in the context of rising demand for solar energy due to high energy prices and a shift towards low-carbon sources. It outlines the significant growth in solar capacity, with global installations increasing by 87% in 2023. The report highlights various hazards linked to PV systems, including fire, lightning, and structural risks, particularly for rooftop installations. It details how PV panels convert sunlight into electrical energy and describes the different types of installations, such as roof-mounted and floating PV systems. The report also addresses the unique challenges posed by these installations, including fire safety concerns and the impact on firefighting efforts. The document emphasizes the need for specialized risk management strategies to mitigate these hazards and improve safety standards in the rapidly evolving solar energy sector.