Press Releases
SolarShield SPF: Solar Performance Indemnity Program Launched
September 29, 2010
Walsh Carter & Associates, the San Francisco based insurance brokerage firm, has launched a revolutionary new insurance program that will break the log-jam in solar financing and is certain to change the way that commercial solar installations are funded. Two years in development, the SolarShield SPF policy assures direct financial indemnity to investors and banks that provide loans for solar energy projects.
The SolarShield SPF indemnity program offers protection in the event of a shortfall, or even a total loss of production from a solar installation. This program answers the missing link paradox of nervous investors who have been asking, "What if it just doesn’t work?", or even more commonly, "What happens if the sun stops shining?" Investors can now provide the vital project financing with the confidence that their revenue stream is fully insured.
Unlike conventional property or liability insurance, the SolarShield SPF policy does not need damage to property or loss of property to qualify for revenue or performance based incentives recovery. The policy simply requires a documented shortfall or loss of revenue to provide immediate coverage.
SolarShield SPF has been hailed by industry leaders as the "Holy Grail" of solar insurance.
For more information contact Walsh Carter for your SPF assessment at (415) 217-6200.
Walsh Carter & Associates announces TOTAL SPF Insurance Program
October 02, 2009
Today at their offices in San Francisco, Walsh Carter & Associates unveiled their TOTAL SPF Solar Insurance Program. A long time leader in specialty insurance for the energy industry, Walsh Carter & Associates presented details of what they cited as the most comprehensive coverage for fiscal risks associated with all phases of a commercial solar energy project. They placed special emphasis on complete indemnity for the financial institutions and investors that until now has been extremely expensive or completely unattainable.
The critical areas that distinguish Walsh Carter’s TOTAL SPF program from other insurances in the industry, are risks associated with:
- Federal Investment Tax Credits (FITC)
- US Treasury Renewable Energy Cash Grants
- Depreciation Schedule Tax Shields
- Renewable Energy Certificates (REC's)
Walsh Carter’s team of seasoned professionals, are experts in determining optimum coverage solutions and negotiating the most competitive rates available to the solar industry.
Visit their website at insurancespf.com or contact Walsh Carter for your SPF assessment at (415) 217-6200.
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Walsh Carter & Associates provided expert guidance at a critical stage in my company and designed a comprehensive insurance plan to fit the needs of our growing company at reasonable premiums.
Sterling Pratz, CEO Autonet Mobile