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Shared grid connections are concentrating BESS insurance risk, says TMGX

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BESS / StorageOct 6, 2026

Tokio Marine's renewables unit warns that co-located solar-plus-storage sites behind one substation connection create aggregation risk at a single point of failure. It also notes cyber is usually excluded from standard property cover. Risk managers should map which revenues depend on one interconnection and close the cyber gap before lenders force it. | Source: https://www.pv-magazine.com/2026/10/01/shared-grid-connections-concentrate-battery-insurance-risk/