Insurance is the crucial project enabler for Romania’s RES+BESS boom
Developers describe a landscape where solar or wind capacity alone no longer guarantees value, and where hybrid RES+BESS is fast…
Delyan Iliev – Managing Director
Dimitar Dimitrov - Business Development Manager
Renewable Energy Insurance Broker (REIB) is a leading international insurance broker specializing in the renewable energy sector. With over 14 years of experience, REIB delivers tailor-made insurance solutions for solar PV, wind, and battery energy storage systems (BESS), working with developers, investors, and financial institutions worldwide.
The company has insured more than 5 GWp of solar power plants and over 4 GWh of energy storage systems on four continents. Known for its strong technical and financial expertise, REIB provides innovative coverage that supports long-term project bankability and protects revenue streams.
In Bulgaria, REIB holds over 60% of the PV market and insures more than 80% of BESS projects, both installed and under construction. In Romania, the company covers over 30% of the solar sector, including projects in construction and operation.
REIB maintains a strong and growing presence across Central and Eastern Europe, supporting the region’s energy transition with specialized insurance expertise.