DNV GL, a global independent testing, certification and advisory company DNV GL has signed an agreement to acquire PV Evolution Labs (PVEL), a provider of PV solar module technical due diligence testing services in the US solar PV industry.
The acquisition of PVEL fits with DNV GL’s strategy to support the global energy industry in becoming cleaner, more reliable and more efficient, the company said.
The California-based PVEL believes that understanding solar panel performance and aging behavior through rigorous testing is fundamental to reducing risk in solar investments.
PVEL has laboratory and outdoor test facilities to evaluate solar panels and other solar system components.
PVEL’s testing and assessment services help reduce uncertainties and build confidence amongst investors in the solar industry and thus facilitate the continued growth of the solar industry, the company said.
DNV GL is the recently merged company consists of four energy brands: DNV, KEMA, Garrad Hassan and GL Renewables Certification. DNV GL provides independent engineering, owner’s engineering, technology review, design assistance, and operating asset management.
The company enables organizations to advance the safety and sustainability of their business through certification and technical assurance along with software and independent expert advisory services. The company serves energy, oil and gas and maritime industries.