Solar Resource Compass is a powerful software service that provides users with access to DNV's high-quality solar resource data and energy yield predictions, online and on-demand. It is powered by two other DNV products: SolarFarmer and Solcast. SolarFarmer is DNV's flagship energy modeling platform for utility-scale solar photovoltaic projects, providing bankable and reliable energy yield predictions, based on comprehensive validations performed over the last five years. Solcast is DNV's weather data service, which provides high-resolution and high-accuracy historical and forecasted weather data for any location in the world, utilising satellite imagery and sophisticated machine learning algorithms.
By combining SolarFarmer and Solcast, Solar Resource Compass provides users with a unique and powerful online service that can deliver indicative energy production estimates for any solar project, including the comparison of multiple irradiance datasets and the calculation of site-specific losses for dust and snow.
DNV’s Energy Transition Outlook report forecasts that from 2025 onwards, almost all net new capacity added is non-fossil. Wind and solar are set to grow ten-fold and seventeen-fold, respectively, between 2022 and 2050. However, one of the key challenges facing the solar industry is the unprecedented scale required to deliver a decarbonised energy grid. DNV is committed to enabling our customers to scale, so that the energy transition can be accelerated, delivering a greener grid.
DNV's digital solar products aim to enable technologies that deliver on this commitment. DNV customers have evaluated more than 10,000 projects in Solar Resource Compass in the last two years in the United States alone. Solar Resource Compass’ APIs have also empowered customers to introduce automation to their internal workflows, allowing them to scale their businesses without scaling their teams.
“Solar Resource Compass has become an invaluable resource in our workflow” said Josh Tatel, Director of Technical Asset Operations at Generate Capital. “SRC enables our team to perform technical due diligence on 3-5 times more solar energy assets than we could otherwise. As a neutral third-party assessment, SRC helps flag any gaps in assumptions much earlier in our diligence process, avoiding surprises or material changes at closing.”
DNV's Solar Resource Compass online software tools aim to transform the solar industry by providing unprecedented access to solar data and analytics.
Solar Resource Compass is available for free for a limited time and users can also upgrade to a premium subscription, which offers additional features and benefits, such as unlimited simulations, API access, and technical support.
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