Infographic text: EL NIÑO THREATENS RENEWABLE ENERGY PROJECTS; hydroelectric low output and drought risks; Solar & Wind efficiency reduced by dust storms, haze, and low wind speeds; EXTREME WEATHER LOSSES RISE GLOBALLY; insured losses rise from 2018 to 2023; TOKIO MARINE GX RISK WARN; natural catastrophes increase financial risks.

The Tokio Marine GX report warns that the renewable energy sector is increasingly vulnerable to extreme weather, exacerbated by El Niño. It emphasizes the need for enhanced disaster recovery strategies, highlighting solar projects as primary loss contributors. Recommendations include improved risk transparency, collaborative planning, and timely recovery arrangements to mitigate financial impacts.

The post El Niño Threatens Renewable Energy Projects As Extreme Weather Losses Rise Globally, Tokio Marine GX Warns appeared first on SolarQuarter.