PV Evolution Labs Splits From DNV GL

The union between solar-focused PV Evolution Labs (PVEL) and DNV
GL is no more. 

The two testing companies announced their split on Monday, in a
move that DNV GL CEO Ditlev Engel said would give the solar testing
lab “more flexibility to serve its customers.” PVEL founder
Jenya Meydbray will be the company’s CEO. 

PVEL, established in 2010, joined DNV GL in 2014 (DNV and GL
joined
in 2013). At the time, DNV GL
said
the acquisition increased its “ability to support the
global energy industry in making the transition to a reliable,
affordable and cleaner energy future.” 

Now, both companies say they can better accomplish their
missions as separate entities.

“The leadership teams of both companies believe we can deliver
more value to our clients and the industry as separate
companies,” said Tara Doyle, formerly head of business
development and project management at DNV GL and now PVEL’s chief
commercial officer. “Our service offerings are different and
operating separately affords PVEL the autonomy to implement tools
and systems that are uniquely suited to solar labs.”

The two companies will continue to work together on the annual
PV Module Reliability Scorecard, a cornerstone of their previous
collaboration.   

PVEL also said it will continue leading a bifacial solar study
it began under DNV GL with a $200,000 grant from the Department of
Energy. Doyle spoke with Greentech Media about that study back in
August. It aims to capitalize on the
excitement
surrounding bifacial technology, which is now more
technologically accessible, and speed its commercialization.

“There’s definitely interest, and a lot of buzz,” said
Doyle this summer of bifacial technology, but adding, “we
haven’t so far seen a widespread adoption of bifacial procurement
across the largescale developers and procurers of PV
modules.” 

Initial data on that study is expected this summer. Doyle noted
that the PVEL team will also manage a $1.5 million DOE bifacial
research project awarded to
Cypress Creek Renewables
. That grant is also geared towards
decreasing the cost of bifacial modules to encourage uptake in the
solar industry. Meydbray most recently worked as vice president of
solar technology at Cypress Creek.   

PVEL said its entire 30-person team — encompassing lab
operations, engineering, business development, project management
and leadership — will move from the DNV GL mothership to its
independent operation. 

Looking ahead, Meydbray said the company’s core services will
remain unchanged, with a focus on testing, building new programs to
support solar clients and “generating the bankability data that
solar PV developers and banks need to optimize financial
transactions.”

Doyle said the team’s new form will allow it to navigate the
rapidly changing solar and storage landscapes with more
agility. 

“As a leaner team, we are streamlining the operational
processes behind the development of new tests and methodologies so
that we can create the data our clients need even more
efficiently,” said Doyle. “Ultimately, this allows us to be
even more effective in our marketplace.”

Source: FS – GreenTech Media
PV Evolution Labs Splits From DNV GL