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A solar facility in the US state of Massachusetts. Credit: Greg M. Cooper via Borrego Solar and SEIA

DNV: Solar PV’s LCOE to halve by 2050

October 11, 2023
The levelised cost of energy for solar PV will drop to US$21/MWh by 2050, according to DNV's Energy Transition Outlook 2030.
EDF's Desert Harvest solar projects in California started commercial operations in December 2020. Image: EDF Renewables North America.

North America has US$12 trillion on the table for renewables generation and grids – DNV

September 27, 2023
North America will spend a cumulative US$12 trillion on renewable energy generation and its transmission by 2050, according to Norwegian-headquartered consultancy firm DNV.
Image: SolarDuck.
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Floating solar can play a role in some EU countries’ energy transition

August 25, 2023
Although the floating solar market is expanding, the top 10 countries that will have more than 500MW of cumulative floating solar installations by 2031 are entirely from Asia.
The Radian project was part of Intersect Power's near-term 2.2GW solar PV portfolio to be completed this year. Image: Intersect Power.
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Solar-plus-storage is going to be very important to the energy transition over next five years

July 25, 2023
With solar-plus-storage project development increasing across the globe, PV Tech looked at its current challenges and advantages.
The image shows Oceans of Energy's 0.5MW offshore solar project in the North Sea.

Netherlands renewables tender pushes offshore solar forward

June 15, 2023
As Asia continues to be the key driver for floating solar, in Europe the Netherlands are the ones pushing forward in terms of offshore solar.
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‘Everything is becoming more efficient’: new floating PV construction methods take hold

February 23, 2023
As the floating solar sector becomes more mature, larger projects are being deployed in a range of water bodies, presenting a host of construction challenges. Jonathan Tourino Jacobo talks to project developers about how the latest technology is driving growth.
Image: Unsplash

Energy risk management firm DNV acquires solar data specialist Solcast

February 1, 2023
Energy risk management company and assurance provider DNV has acquired Australian solar data specialist Solcast to strengthen its solar forecasting services. 
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Meeting the solar PV cybersecurity challenge

October 17, 2022
Alexander Hansen Bakken, cybersecurity consultant at DNV, reveals the cyber vulnerabilities arising as solar farm operational technologies become more networked and connected.
SEIA’s compromise framework includes a carve-out for solar projects to be designated as Risk Category 2. Image: Avantus.

Solar PV to account for 38% of global electricity production by 2050, DNV says

October 13, 2022
Installed solar PV capacity globally will grow 20-fold by 2050, when the technology will represent 38% of all electricity production, according to a new DNV report.
A 70MW floating solar plant at an irrigation lake in Vietnam. Image: Sungrow Floating.

DNV partners with South Korean firms to explore floating solar opportunities

July 21, 2022
Quality assurance company DNV is collaborating with South Korean floating PV (FPV) component manufacturers to explore business opportunities in the global floating solar market.

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