Solar Resource Compass provides users with a unique and powerful online service that can provide indicative energy production estimates for any solar project, including the comparison of multiple irradiance data sets and the calculation of site-specific dust and snow losses.
DNV, the independent energy expert and insurance provider, has expanded its online software platform Solar Resource Compass (SRC) to include support for Europe, with more regions to follow in 2024.
The company describes Solar Resource Compass (SRC) as “a powerful software service that provides users with access to DNV’s high-quality solar resource data and energy yield forecasts, online and on-demand.”
Solar Resource Compass is powered by two other DNV products: SolarFarmer and Solcast. SolarFarmer is DNV’s flagship energy modeling platform for utility-scale PV installations, providing achievable and reliable energy yield predictions based on extensive validations conducted over the past five years. Solcast is DNV’s weather data service, providing high-resolution, high-accuracy historical and forecast weather data for any location in the world, using satellite imagery and advanced machine learning algorithms.
“By combining SolarFarmer and Solcast, Solar Resource Compass provides users with a unique and powerful online service that can provide indicative energy production estimates for any solar project, including the comparison of multiple irradiance data sets and the calculation of site-specific dust and snow losses . ”, says DNV.
DNV’s Energy Transition Outlook report predicts that from 2025, almost all net new capacity added will be non-fossil. Wind and solar energy will grow tenfold and seventeenfold respectively between 2022 and 2050. However, a key challenge for the solar industry is the unprecedented scale required to achieve a carbon-free energy network. DNV says it is committed to enabling its customers to scale up to “accelerate the energy transition and realize a greener network.”
The digital solar energy products are key technologies that deliver on this promise, the company says. For example, DNV customers in the United States have evaluated more than 10,000 projects using Solar Resource Compass over the past two years. Solar Resource Compass’ APIs also allowed customers to introduce automation into their internal workflows, allowing them to scale their business without scaling their teams, DNV added.
“Solar Resource Compass has become an invaluable tool in our workflow,” said Josh Tatel, director of technical asset operations at Generate Capital. “SRC allows our team to perform technical due diligence on three to five times more solar assets than we could otherwise do.”
SRC also helps developers and investors navigate differences in models or assumptions, Tatel adds, noting that “SRC, as a neutral third-party review, helps identify any gaps in assumptions much earlier in our due diligence process, eliminating surprises or material changes at closing are avoided.”
Solar Resource Compass is available for free for a limited time to users who register here.
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