Green Energy Projects & Insurance Opportunities

Green Energy project risks, also known as renewable energy, are being developed in Singapore and the region. Reinsurers need to understand and appreciate the technical challenges of such developments.

Various techniques and procedures related to green energy are in place, and governments in the Southeast Asian region are increasingly encouraging such initiatives. Solar power farms, for example, are already being built in Singapore, and more such developments, including wind, wave, and geothermal projects, are being sought after.

This two-day program, including a visit to a green energy plant in Singapore, aims to raise awareness and highlight technical considerations in planning and designing green energy projects, allowing participants to appreciate better the risks associated with such projects.

SPEAKERS:

• Mr Pooba Mahalingam, Regional Risk Consultant, Technical Faciliator

DATE / TIME:

Mondsay, 21 October 2024 to Tuesday, 22 October 2024.

9am - 6pm

VENUE:

RNN Conference Centre Pte Ltd

137 Cecil Street, Cecil Bulding, #04-01 Singapore 069537

PROGRAMME OUTLINE:

About Green Projects and the need for Insurances

• Stakeholders and their respective roles
• Regulators, developers and related technical specialists
• Current projects and upcoming plans
• PPA and how the CAR/EAR policy fits in

Planning and site works

• Planning for a green energy project
• Connection to existing national power grid (transmission & distribution)
• Key features about the CAR/ EAR coverage & minor packages (sub-contractors)

CAR/ EAR policies

• CAR Section I (Material Damage) and Section II (Third Party Liability)
• What is Section III coverage?
• Relevant clauses and endorsements
• Handing-over of the project and defects liability period
• Maintenance work (DLP) and the role of the O & M company
• Risk improvement measures
• Q & A

REGISTRATION DETAILS:

1. Registration will close at 5.00pm on Thursday, 17 October 2024 or when all available seats are taken up, whichever is the earlier.

2. Participants will receive an email confirmation by Thursday, 17 October 2024.

3.. For inquiries or more information, please contact the SRA Secretariat at telephone: 6805-0760 or email: [email protected].

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