New Energy Risk (NER) specializes in providing innovative insurance solutions and technoeconomic modeling to help technology and project developers secure the financing needed to commercialize their novel technologies. Operating within the renewable energy and advanced technology markets, NER addresses the critical issue of data scarcity that often hinders revolutionary technologies from achieving market adoption and mass customer acceptance. By assessing the uncertainty around technology performance and outlining realistic outcomes, NER enables clients to mitigate risks and attract over $3 billion in capital for their projects and assets.

NER serves a diverse range of clients, including developers of renewable energy projects, advanced materials, and other cutting-edge technologies. The company operates under a business model that combines engineering expertise with financial acumen, offering tailored insurance solutions that meet the specific needs of each project. This approach not only facilitates project financing but also ensures that clients can achieve their strategic objectives.

As a wholly owned division of Paragon Insurance Holdings, NER leverages its affiliation with Complex Risk and Insurance Associates, LLC to administer policies. Although coverage is not available in all jurisdictions, NER's ability to understand proprietary technologies and translate technical details into financial implications sets it apart in the industry.

Keywords: technoeconomic modeling, insurance solutions, renewable energy, project financing, data scarcity, risk mitigation, capital attraction, advanced technologies, engineering expertise, financial acumen.