If any of your locations are in the path of any forecasted hurricane-force winds or heavy rain, follow your emergency plan and be sure to take these steps, if they can be done safely, to help mitigate damage.
If we have one job as CFOs, it's protecting the value of our companies. One of the most insidious threats to corporate value is sudden disruption from events like fire, hurricane, flood, earthquake or cyber attack—disruption that is ostensibly insured. We tend to be vaguely aware of this risk, but rarely do we put numbers to it.
Within the expected design life of the solar farm, there is a 20 per cent chance of it being hit by a cyclone that would cause significant damage to the solar panels. Standardised cyclone testing and national standards for all types of panels and installation configurations needs to be implemented.
FM Global's Tom Lawson, chairman and CEO, explains how the engineering-based organization has been utilizing data and analytics since it was founded 182 years ago. Find out how analytics can help you weather everything from storms to cyber threats in...