Audience
Companies looking for a platform to improve financing, planning and insurance for renewable energy assets
About Renew Risk
We provide software that allows our clients to assess risk and provide optimized insurance and financing to renewable energy assets. Pioneering our services in offshore wind, Renew Risk software solutions are being rapidly applied to new asset classes in line with the technological growth of the industry. Our SaaS solution enables users to gain comprehensive insights into risk through sophisticated innovative, and patented, modeling solutions. Offshore wind is one of the most promising and fastest-growing sources of renewable energy in the world. However offshore wind assets also face exposure to extreme weather conditions and natural catastrophes. We believe the growth of renewable energy is secured through improved risk analytics and models software for developers, insurers, and financiers.
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OpenWindPower is an offshore wind turbine analysis software developed by Bentley Systems, designed to support both fixed foundation and floating platform projects. The software enables users to explore design alternatives, predict performance, and deliver safe, cost-effective offshore wind farm structures. For fixed foundation projects, OpenWindPower provides comprehensive capabilities for the design and analysis of offshore wind turbine foundation structures, considering wave, wind, and turbine mechanical loading to predict both fatigue and extreme loads for the substructure and nonlinear soil foundation. In floating platform projects, the software offers advanced modeling capabilities to design 3D hydrodynamic and structural models subjected to wave, current, wind, and turbine mechanical loads, facilitating time-domain simulations that compute sea pressures and inertial loads for detailed structural analysis.
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Verisk Sequel
Verisk Specialty Business Solutions (formerly Sequel), has been a leading industry software specialist for over 25 years, delivering impactful, reliable solutions that provide end-to-end management of all insurance and reinsurance business. As a result, our clients are able to grow and better manage their business through greater efficiency, flexibility, and data governance. With powerful, flexible software and responsive services, we see the way to drive success. We're pleased to announce a significant new offshore renewable energy module within our exposure management system, Impact. This latest enhancement leverages the comprehensive worldwide offshore wind farms dataset curated by the research arm of Clarksons, the world's biggest shipping services provider. Our modern, powerful, and integrated suite of software provides full end-to-end management of all insurance and reinsurance businesses so that our clients get a clearer vision to grow and manage their businesses.
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60Hertz
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Accomplishments:
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PexaQuote
Our Solutions, By Company Type. IPP. See how we can help you reduce your energy risks. Funds. Easily manage cash flow across your entire portfolio. Corporate Offtakers. See how we can help you achieve your sustainability goals. Developers. Know what price you can get for your PPA. Utilities. Ensure optimal risk management and energy sales organization. Banks. Make effective lending decisions. PPAs: Learn how our PPA software & Pexapark experts can help you master your wind and solar power purchase agreement. Renewable Energy Software The PPA Price Reference. Get access to prices and quotes for +300 PPA products. Covering on-shore wind, offshore wind and solar, different commercial structures and tenors for all the major PPA markets in Europe. Pexaconnect. Connect with renewable energy companies Connect instantly with international renewable energy buyers & sellers, legal & commercial advisors, lenders and many more key players
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Integrations
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Company Information
Renew Risk
Founded: 2021
United Kingdom
renew-risk.com
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