The China Financial Supervision and Administration issued guidance on promoting the high-quality development of green insurance. It is proposed to provide full life cycle insurance coverage for the risk characteristics of energy industries such as solar energy, wind power, hydropower, and nuclear power during production, construction, and operation. Explore and promote insurance innovation in new energy fields such as new energy storage, hydrogen energy, biomass energy, geothermal energy, marine energy, etc., covering risks in key areas such as R&D, manufacturing, operation and maintenance. Risk solutions are provided for the construction of new power systems through insurance mechanisms. It provides insurance coverage for the green upgrading and transformation of traditional energy sources.