Tag Archives: insurance

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Dimitar Dimitrov: Battery developers should seek insurance in early project stages

Investors and developers of battery energy storage systems (BESS) should engage with insurers or specialized brokers as early as the development phase to effectively manage risks and ensure bankability, advised Dimitar Dimitrov, Business Development Manager at Renewable Energy Insurance Broker (REIB), during Belgrade Energy Forum 2025. With over 4 GWh of energy storage systems across […]

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Battery storage market in SEE emerging, Western Balkans lagging behind with positive prospects

The deployment of battery energy storage systems (BESS) across Southeast Europe is progressing at an uneven pace. State subsidies and financing mechanisms have enabled the rapid implementation of BESS solutions in Greece, Romania and Bulgaria, while markets in the Western Balkans are lagging behind. However, the outlook remains positive, as experiences from neighboring markets and […]