Aon has launched a new insurance solution, the Global Onshore Renewables Facility, which combines dedicated insurer capacity for onshore wind, solar photovoltaic, and battery storage projects valued up to $300m.
The solution has been designed to help developers, owners, and contractors manage risk and access capital more efficiently. The launch responds to rising investment in renewable energy infrastructure, with the facility providing streamlined insurance coverage to support clients throughout their project lifecycle, from construction through operations.
The facility includes policy limits of up to $300m per location, and coverage spans the construction and operational phases, with access to dedicated renewable energy insurer capacity and simplified access to coverage across multiple markets.
Developed by Aon's Global Broking Centre in London, the facility aims to address challenges in the market through a coordinated and scalable solution that simplifies insurance placement and improves access to capacity for clients.
Aon noted that global energy transition investment is projected to reach an all-time high of $2.2tn in 2026, as part of a record $3.4tn in total energy investment globally. However, smaller and mid-sized renewable projects have historically struggled to access consistent, cost-effective insurance capacity, which is what the new solution aims to address.
Helene Madell, chief executive officer of the Global Broking Centre at Aon, said the shift to a lower-carbon economy was transforming how organisations invest in renewable energy infrastructure.
"The transition to a lower-carbon economy is transforming how organizations invest in and develop renewable energy infrastructure around the world," said Madell. "As demand for renewable energy projects continues to grow, clients need solutions that help them manage risk, deploy capital efficiently and build resilience across their investments. The Global Onshore Renewables Facility reflects Aon's commitment to delivering innovative solutions that help clients navigate complexity and advance long-term growth."
Dominic Chivers, renewables broking leader at Aon, said the facility brought specialist expertise and capacity together in a single solution.
"The Global Onshore Renewables Facility combines specialist renewable energy expertise with global insurer capacity in a single coordinated solution. By simplifying placement and improving access to coverage, we're helping clients navigate risk more efficiently and support investment in renewable energy projects around the world," said Chivers.
