DNV partners with South Korean firms to explore floating solar opportunities

Facebook
Twitter
LinkedIn
Reddit
Email
A 70MW floating solar plant at an irrigation lake in Vietnam. Image: Sungrow Floating.

Quality assurance company DNV is collaborating with South Korean floating PV (FPV) component manufacturers to explore business opportunities in the global floating solar market.

With the aim of increasing the number of FPV plants globally, DNV has signed a memorandum of understanding with South Korean partners including steelmaker POSCO, floating structure solution provider SCOTRA, module manufacturer SolarPark and structure producer DASCO.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

As well as exchanging technical information to develop systems in accordance with the requirements and practices of the global FPV sector, the partners will identify projects and markets of mutual interest and cooperate on joint marketing initiatives.

“The improvement in the quality and reliability of the solutions shaped by this partnership will allow investors to be better placed to take up FPV opportunities,” said Brice Le Gallo, vice president and regional director APAC, energy systems, at DNV.

According to DNV, global installed FPV capacity will reach 10 – 30GW by 2030.

A 42MW FPV project installed on a reservoir in South Korea was completed last year. Developed by Q CELLS, the plant features a floating structure from SCOTRA.

DNV collaborated with a host of industry players to release the world’s first recommended practice for FPV last year. Focusing on five key topics – site conditions assessment, energy yield forecast, mooring and anchoring systems, floating structures, permitting and environmental impact – the guide aims to increase investor confidence in FPV.

DNV has since awarded Sungrow FPV a statement of conformity for its anchoring and mooring design methodology for floating solar systems.

Read Next

April 1, 2025
US data and technology giant Meta has signed a renewable energy purchase agreement (REPA) for a 150MWp floating solar project in Singapore.
Premium
March 3, 2025
JinkoSolar reports on some of the work the company is doing to develop and test products to withstand the rigours of the marine environment.
February 21, 2025
A round-up of news from China with an EPC contract for a 250MW solar PV plant in Cambodia, the Philippines' 'first' large-scale floating solar PV (FPV) project and CECEP's subsidiary begins construction on 650MWp plant.
February 5, 2025
Floating solar PV in Australia has received a boost, as Canopy Power Australia and Ocean Sun, a Norwegian company specialising in floating solar technology, revealed a strategic partnership yesterday (4 February).
January 21, 2025
Malaysia’s Ministry of Energy Transition and Water Transformation (PETRA) has opened a tender seeking 2GW of large-scale and floating solar PV.
January 20, 2025
Round-up of news from China with Saudi Arabian power developer ACWA Power partnering with two Chinese companies, state-owned China Energy Engineering wins bid to develop a floating solar (FPV) project in the Philippines and Guodian Power invests in 2GW Saudi PV project.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
April 23, 2025
Fortaleza, Brazil
Solar Media Events
April 29, 2025
Dallas, Texas
Media Partners, Solar Media Events
May 7, 2025
Munich, Germany
Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA