DNV partners with South Korean firms to explore floating solar opportunities

Facebook
Twitter
LinkedIn
Reddit
Email
A 70MW floating solar plant at an irrigation lake in Vietnam. Image: Sungrow Floating.

Quality assurance company DNV is collaborating with South Korean floating PV (FPV) component manufacturers to explore business opportunities in the global floating solar market.

With the aim of increasing the number of FPV plants globally, DNV has signed a memorandum of understanding with South Korean partners including steelmaker POSCO, floating structure solution provider SCOTRA, module manufacturer SolarPark and structure producer DASCO.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

As well as exchanging technical information to develop systems in accordance with the requirements and practices of the global FPV sector, the partners will identify projects and markets of mutual interest and cooperate on joint marketing initiatives.

“The improvement in the quality and reliability of the solutions shaped by this partnership will allow investors to be better placed to take up FPV opportunities,” said Brice Le Gallo, vice president and regional director APAC, energy systems, at DNV.

According to DNV, global installed FPV capacity will reach 10 – 30GW by 2030.

A 42MW FPV project installed on a reservoir in South Korea was completed last year. Developed by Q CELLS, the plant features a floating structure from SCOTRA.

DNV collaborated with a host of industry players to release the world’s first recommended practice for FPV last year. Focusing on five key topics – site conditions assessment, energy yield forecast, mooring and anchoring systems, floating structures, permitting and environmental impact – the guide aims to increase investor confidence in FPV.

DNV has since awarded Sungrow FPV a statement of conformity for its anchoring and mooring design methodology for floating solar systems.

Read Next

Premium
October 8, 2025
The global energy transition will only be 'marginally impacted' by uncertainties in US energy policy, according to Remi Eriksen, CEO of DNV.
October 2, 2025
The Indian Department of Commerce has launched an antidumping investigation on solar encapsulants originating or exported from South Korea, Vietnam and Thailand.
September 8, 2025
A green energy auction in the Philippines has secured 9.4GW of renewable energy capacity subscriptions, of a target of 10.65GW.
September 1, 2025
Sembcorp Solar Singapore has won a tender to develop an 86MWp floating solar PV project on Pandan Reservoir. 
August 28, 2025
State-owned firm Electricity Generating Authority of Thailand (EGAT) has launched a tender for the construction of a 280MW floating PV (FPV) project.
August 27, 2025
Noria has started construction on a 50kW floating PV pilot project, which includes the first trackers on a floating solar project in the US.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK