Commercial Solar Panel Location Risk Assessment

This white paper discusses the risks associated with selecting site locations for utility-scale commercial solar farm developments. It outlines the increasing global emphasis on renewable energy, particularly solar photovoltaic (PV) systems, and the projected growth in solar capacity in the United States. The paper identifies three key geographical risks: severe weather and property risk, wildfire and casualty risk, and environmental risk related to panel disposal. It emphasizes the importance of understanding local weather patterns and the potential impact of severe weather on solar installations. The document also provides risk mitigation strategies, including evaluating manufacturer warranties, using resilient technology, and understanding insurance coverage. The case study of a Texas hailstorm illustrates the significant financial losses that can occur due to weather-related damage to solar panels. Overall, the paper highlights the critical need for careful planning and risk management in the renewable energy sector.