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Energy giant DNV swoops on solar energy forecasting biz Solcast

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Norwegian vitality threat and assurance large DNV has referred to as for homegrown startup Solcast, which sells information and forecasting options for photo voltaic vitality to the likes of Rio Tinto and BP.

DNV’s product is utilized by solar energy producers, energy grids and others to find out the supply of its photo voltaic useful resource at any time.

DNV took possession of Solcast on Wednesday however plans to go away the workforce and Australian operations untouched.

Six-year-old Solcast was based by metrologists James Luffman and Dr Nick Engerer, who work within the electrical energy provide chain.

The enterprise now offers historic, stay in addition to forecast photo voltaic irradiance information, packaged in a contemporary utility consumer interface (API).

Its product is utilized by solar energy producers, energy grids and others to know their availability of photo voltaic useful resource at any time.

The acquirer, DNV is privately owned and traces its historical past again to 1864. It posts $3 billion in income by 2021, of which a 3rd comes from offering options to the vitality business – the unit the place the expertise of Solcast is coming.



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