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’World’s first long-term battery insurance’ service launches from Munich Re

Insurer Munich Re has launched what it claims is the world’s first long-term insurance plan for battery performance, signing up ‘all-iron’ flow battery maker ESS Inc as its first customer. One of the insurer’s management board, Peter Röder, described the ability to insure battery performance as a missing “key piece of the puzzle in decarbonising […]

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