The management of DNV GL and PV Evolution Labs (PVEL) kicked off the new year by jointly deciding that PVEL will become a separate legal entity. In the new setting, both organizations will have more flexibility to maximize value to customers. DNV GL and PVEL will continue to work together to provide a full portfolio of valued solar services to industry clients.
For the global energy markets, DNV GL’s 2300 energy experts deliver trusted advisory and testing services to the energy value chain including solar, wind, storage, transmission, distribution of electricity and energy management services.
With dozens of solar test experts and partners around the world, PVEL is the leading independent solar reliability and performance testing lab dedicated to providing trusted bankability data to downstream solar equipment buyers, project investors and project operators. It was founded in 2010 by Jenya Meydbray, who is returning to lead PVEL as CEO. The company is known worldwide for its annual PV Module Reliability Scorecard and groundbreaking Product Qualification Programs.
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“From the outset, PVEL pioneered a vital role as the original reliability and performance lab dedicated to the downstream solar market. Our data drives the industry’s growth by helping project developers access and optimize financing,” noted Meydbray. “Thanks to the rapid advancement of solar technology and increasing global demand for clean energy, our services are even more critical now than they were a decade ago.”
“PVEL will remain fully dedicated to the PV equipment buyer community as we continue to provide testing services for every aspect of a PV system,” said Tara Doyle, PVEL’s Chief Commercial Officer. “By innovating our test programs to meet the needs of our downstream partners, we provide the data they need for strategic procurement decisions. Our services connect manufacturers to the buyer community and drive data-backed solar project development worldwide.”
PVEL will continue to support the global solar market with annual technology scorecards, Product Qualification Programs, and field testing services. Currently, it tests module, inverter and racking technologies at state-of-the-art indoor labs and field testbeds in the U.S. PVEL also conducts testing in the field at solar power plants and in factories and partner labs around the world.
“We believe PVEL’s management as the new owner, will have more flexibility to serve its customers”, commented Ditlev Engel, CEO of DNV GL’s energy business. “We will maintain our close relationship with PVEL and continue our plans to leverage the valuable, independent data generated by PVEL by collaboratively publishing the PV Module Reliability Scorecard.”