‘Often too late’: Insurers warn battery storage developers to bring cover in earlier
energy-storage.news Aug 27, 2026

‘Often too late’: Insurers warn battery storage developers to bring cover in earlier

AI-summarised brief · reviewed before publication

At the Battery Asset Management Summit Australia 2026, insurers, brokers, engineers and lawyers warned battery storage developers that performance guarantees often fail to reflect real‑world output, exposing owners to hidden risks. Panelists highlighted gaps caused by intermittent faults, derating, cell balancing, and mismatched contract definitions of defects. They urged developers to align defect terms across all contracts early and to secure insurance well before construction ends, as late coverage can render projects unbankable. The discussion underscored the need for clearer, earlier risk management in battery projects.

💡 Why It Matters

  • · Early insurance integration prevents costly disputes and ensures projects meet financial and regulatory expectations, safeguarding investors and lenders.