DNV Launches New Climate Risk Service to Protect Solar Projects from Hail Damage

DNV Launches New Climate Risk Service to Protect Solar Projects from Hail Damage

(IN BRIEF) DNV has launched a new service in partnership with Jupiter Intelligence to help solar photovoltaic (PV) developers assess the growing hail risk caused by climate change. The service provides data on hailstorm probability and size for specific locations across North America, helping developers protect their solar installations. With severe hail events increasing and causing significant damage, the service aims to enhance project resilience and ensure the long-term viability of solar energy investments.

(PRESS RELEASE) BÆRUM, 11-Sep-2024 — /EuropaWire/ — DNV has introduced a new service aimed at helping solar photovoltaic (PV) developers assess and manage the rising hail risks linked to climate change across North America. In collaboration with climate risk analytics leader Jupiter Intelligence, DNV’s service will provide developers with data-driven insights on hail events, offering precise forecasts on the probability and size of hail for specific project locations over the next 30 years.

With hailstorms causing hundreds of millions in damages to solar farms, especially in Texas, the service is designed to help solar developers better understand and mitigate potential risks to their installations. Recent research shows that severe hail events are shifting geographically, making traditional reliance on historical weather data inadequate for current and future assessments.

Richard S. Barnes, DNV’s regional president for Energy Systems North America, noted that the irony of solar power being threatened by climate change itself highlights the need for more advanced risk evaluation. DNV’s new service provides the tools for developers to safeguard their projects against climate-driven threats, ensuring the long-term success of solar energy as a key player in the clean energy transition.

About DNV
DNV is an independent assurance and risk management provider, operating in more than 100 countries. Through its broad experience and deep expertise DNV advances safety and sustainable performance, sets industry standards, and inspires and invents solutions.

Whether assessing a new ship design, qualifying technology for a floating wind farm, analyzing sensor data from a gas pipeline or certifying a food company’s supply chain, DNV enables its customers and their stakeholders to manage technological and regulatory complexity with confidence.

Driven by its purpose, to safeguard life, property, and the environment, DNV helps its customers seize opportunities and tackle the risks arising from global transformations. DNV is a trusted voice for many of the world’s most successful and forward-thinking companies.

In the energy industry
DNV provides assurance to the entire energy value chain through its advisory, monitoring, verification, and certification services.  As the world’s leading resource of independent energy experts and technical advisors, the assurance provider helps industries and governments to navigate the many complex, interrelated transitions taking place globally and regionally, in the energy industry. DNV is committed to realizing the goals of the Paris Agreement, and supports customers to transition faster to a deeply decarbonized energy system.

Media Contacts:

Neil James Slater
Head of Media Relations, Energy Systems
Phone: +44 2038165702

Penda Sall
Media Relations, Energy Systems
Phone: +33 651 69 88 64

SOURCE: DNV