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Stock impact report

kWh Analytics Launches Data Sharing Program to Reward Hail-Ready Solar Projects with Lower Insurance Costs

Nextpower Inc. - Class A (NXT) 
Company Research Source: Business Wire
Nextpower first to enable ground-breaking solar telematics program with NX Horizon® tracking systems equipped with advanced stow technology SAN FRANCISCO--(BUSINESS WIRE)--kWh Analytics, a leader in underwriting the energy transition through its licensed insurance subsidiary, Solar Energy Insurance Services, today announced a data-sharing pilot program to reward renewable energy assets for extreme weather mitigation efforts. kWh Analytics is expanding its risk modeling capabilities by leveraging data from solar projects that employ advanced resilience measures beyond the information typically captured in standard insurance submissions.The initial focus of the pilot is on improving how project-level resilience data is captured and relayed to insurance carriers. Advances in tracker technology, including 70+ degree stowing capabilities, automated stow procedures, and the growing availability of historical stow performance data, create new opportunities to give insurers clearer visibil Show less Read more
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