DNV GL advised on the status of any issues that could jeopardize the performance and impact the base case for the acquisition.
SANTIAGO DE CHILE, Chile, 25 February 2021 – DNV GL, the independent energy expert and assurance provider, today announces that it has provided Sonnedix with technical due diligence for eight operational photovoltaic plants located in Chile under the category of Small Distributed Generation Mechanisms (PMGD) totalling 40 megawatts (MW). The purpose of the review was to evaluate technical risks and mitigation measures relative to typical industry practice as well as to advise on the status of any issues that could jeopardize the performance and impact the base case for the acquisition. The result was key for an acquisition decision, which will include 19 MW of operational solar PV plants with a further 21 MW to be added once the assets become commercially operational.
“This is another important step for Sonnedix and pushes the expansion of solar energy in Chile” said Santiago Blanco, Executive Vice President and Regional Director of Southern Europe, Middle East, Latin America and Africa for Energy Systems in DNV GL. “Despite challenges caused by the global pandemic, continuing the implementation of renewable energy projects is key. The project demonstrates that through virtual site visits, projects can stay on track to accelerate the energy transition remotely.”
Sonnedix, a global solar independent power producer (IPP), owns 11 solar PV plants in operation in Chile, where, in addition to the projects currently under construction, the company controls a total capacity of almost 400 MW, plus an additional 750 MW pipeline of projects in different development stages.
Virtual site visits have been performed at the eight locations. A virtual site inspection focusses on the visual analysis of the project’s general conditions, topography, presence of obstacles for the transport and sun path.
The scope of the evaluation included a design review, covering the civil engineering and the electrical design (DC and AC systems), an analysis of the operational performance of the plants, an examination of energy production assessment based on historic operational data and a technology review of the PV modules, inverters and structure.
DNV GL’s experts also examined the grid connection, the planning and environmental topics. As a result of the review performed, a Due Diligence report was created including a risk matrix session, which includes the risk description and the mitigants when applicable.
About DNV GL
DNV GL is the independent expert in risk management and assurance, operating in more than 100 countries. Through its broad experience and deep expertise DNV GL advances safety and sustainable performance, sets industry benchmarks, and inspires and invents solutions.
Whether assessing a new ship design, optimizing the performance of a wind farm, analyzing sensor data from a gas pipeline or certifying a food company’s supply chain, DNV GL enables its customers and their stakeholders to make critical decisions with confidence.
Driven by its purpose, to safeguard life, property, and the environment, DNV GL helps tackle the challenges and global transformations facing its customers and the world today and is a trusted voice for many of the world’s most successful and forward-thinking companies.
In the energy industry
DNV GL provides assurance to the entire energy value chain through its advisory, monitoring, verification, and certification services. As the world's leading resource of independent energy experts and technical advisors, the assurance provider helps industries and governments to navigate the many complex, interrelated transitions taking place globally and regionally, in the energy industry. DNV GL is committed to realizing the goals of the Paris Agreement, and supports all stakeholders to transition faster to a deeply decarbonized energy system.
Learn more at www.dnvgl.com.