Solar news and press releases

DNV appointed Owner's Engineer for landmark 1GW solar + 600 MWH storage project in Egypt

DNV has been selected as Owner’s Engineer for the 1GW Abydos for Renewable Energy (AFRE) solar PV project and its integrated 600MWh battery energy storage system (BESS), located in Benban, Egypt. Developed by AMEA Power, this flagship project will supply 3,100GWh of clean energy to more than 500,000 Egyptian homes and avoid 1.5 million tons of CO₂ emissions annually.

• Energy

DNV expertise supports record USD 510 million financing or Chile's pioneering solar-storage hybrid project

DNV has played a key role in providing comprehensive advisory services to Atlas Renewable Energy to secure USD 510 million in financing for the landmark Estepa hybrid solar and battery storage project in Chile – the largest financing package in Atlas’ history. 

• Energy

DNV advances Italy's solar future with next-generation resource measurement stations

DNV has deployed an innovative network of solar resource measurement stations across Italy to enhance renewable energy development. These advanced installations track solar irradiance and albedo—the fraction of sunlight reflected by a surface—alongside soiling data, enabling precise system optimization and maximized energy yield, with unprecedented data accuracy. By delivering real-time insights and long-term analysis, the network supports both immediate project efficiency and strategic energy planning. 

• Energy

DNV completes in-depth technical review of Canadian Solar's Topcon modules

DNV has completed an extensive technical review of eight new solar photovoltaic modules from Canadian Solar, one of the world’s largest solar technology and renewable energy companies, covering various aspects including technologies, sustainability, field testing, compatibility, and levelized cost of energy (LCOE).

• Energy

DNV launches new service to respond to climate change-driven hail risk for solar PV

DNV has launched a new service to provide solar photovoltaic developers actionable, verified assessments of large hail risk across North America. DNV has partnered with Jupiter Intelligence, the trusted leader in climate risk analytics, to leverage its gold standard climate science for a first of its kind, robust statistical approach to evaluating hail risk due to climate change, both today and in the future.  

• Energy

DNV's SolarFarmer offers affordable, scalable solution for solar project bankability

DNV today announced the completion of six comprehensive solar project financing due diligence projects in the United States totalling 1,195 MW. These projects mark the first time, SolarFarmer, DNV's proprietary solar PV design and assessment software that provides customers with the speed and precision essential for the fast-paced development of solar energy, has been used in the region.

• Energy

GreenPowerMonitor introduces new Energy Management System for enhanced renewable power plant control

• Energy

DNV's solar asset modeling platform Solar Resource Compass launches in Europe

DNV today announced the expansion of its Solar Resource Compass (SRC) online software platform to include support for Europe, with additional regions to follow throughout 2024. Solar Resource Compass is a powerful software service that provides users with access to DNV's high-quality solar resource data and energy yield predictions, online and on-demand.

• Energy

DNV helps Moss Maritime to reduce floating solar design risks

DNV, the independent energy expert and assurance provider, has collaborated with Moss Maritime, a leading offshore design and engineering services provider, to accelerate the deployment of floating solar technology in harsh environmental conditions.

• Energy

DNV provides lenders’ technical advisory services to MYTILINEOS Energy & Metals for the Munna Creek solar farm in Queensland, Australia

DNV has provided technical due diligence services to MYTILINEOS, an energy and industrial company. MYTILINEOS’ Munna Creek solar project achieved financial close in December and is located in Queensland.

• Energy

DNV publishes bankability study of Solcast satellite irradiance data

Solcast, a DNV Company and global provider of solar irradiance historical actuals and forecasting for solar energy, achieves a significant milestone as DNV validates its satellite irradiance data as bankable. In a report published today, DNV, the leading global energy expert and assurance provider, found Solcast’s historical data and irradiance methodology bankable, and at or above industry standards for satellite irradiance data.

• Energy

DNV provides technical advisory expertise to Beijing Energy International Australia for five solar farms

DNV provided comprehensive buy-side technical due diligence services as the technical advisor

• Energy

DNV supports MYTILINEOS S.A. in securing financing for Chilean solar farms

DNV acted as a market advisor for the financing of a portfolio of solar farm projects anticipated to produce approximately 1.6 terawatt-hours of green electricity each year, resulting in an annual reduction of over 1 million tons of CO2 emissions.

• Energy

GreenPowerMonitor to monitor Zonda I, YPF Luz's first solar farm in San Juan, Argentina

The first stage of the project reaches 100 MW of installed capacity, enough to power over 88,000 households

• Energy

Joint industry project: DNV calls on solar PV industry to move forward on predictive maintenance

DNV strives to improve machine learning-based maintenance models by introducing high-quality standardized logs, currently lacking in the industry

• Energy