Norway’s DNV has acquired Australia-based photo voltaic information specialist Solcast for an undisclosed sum.
from Australia’s pv journal
DNV, a Norway-based vitality consultancy and ship classification society, has acquired Australian photo voltaic forecasting specialist Solcast. The Sydney-based firm mentioned the deal would enable it to develop its digital and data-driven companies.
Solcast makes use of world climate satellite tv for pc imagery, machine studying, and historic and dwell photo voltaic irradiance information to provide greater than 600 million new forecasts each hour, whereas offering real-time entry by means of an software programming interface ( API). Its forecasting system and information set are utilized by solar energy producers, utilities, and grid operators to find out their photo voltaic useful resource availability at any given time.
Solcast Chief Government Officer James Luffman mentioned the corporate’s acquisition of DNV will enable it to enhance its forecasting fashions and unlock extra worth for its prospects.
“DNV is investing in Solcast and offering experience and different assets,” he mentioned. “The result’s a major enchancment in our effectiveness and affect. This partnership will deliver the world’s main photo voltaic irradiance and forecasting API to a bigger world viewers, whereas sustaining the identical degree of service anticipated by our prospects.
Remi Eriksen, DNV group president and chief government officer, mentioned that digital merchandise reminiscent of these offered by Solcast are the important thing to unlocking the potential of photo voltaic.
“Photo voltaic forecasting will allow the renewable vitality market to develop and speed up the worldwide transition to a clear vitality future,” he mentioned.
DNV’s Vitality Transition Outlook (ETO) predicts that by 2050 world electrical energy manufacturing will double and 30% of all electrical energy will probably be offered by photo voltaic.
“Our ETO predicts photo voltaic PV and wind are already the most affordable types of electrical energy in most areas and by 2050 they’ll develop 20-fold and 10-fold,” Eriksen mentioned. “Digitalization is a crucial enabler within the vitality trade and an essential a part of scaling photo voltaic to the extent wanted for a greener vitality future.”
The acquisition will happen instantly, though Solcast, which has workplaces in Sydney, Asia, Europe and America, will proceed to function below its present identify. The corporate’s present administration and workers will stay in Australia and no speedy adjustments are deliberate for patrons and companions.
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