Independent energy expert DNV announced on Tuesday that they have entered into a definitive agreement to acquire Melbourne-based grid consulting company Clean Technology Partners.
DNV, a Norway-headquartered independent expert in risk management and assurance, is a world-renowned testing, certification, and technical advisory provider for all aspects of the energy value chain.
Announced on Tuesday, DNV expects its acquisition of Clean Technology Partners to expand its market footprint and strengthen its position in the Australian and Asia Pacific renewables and power grids market.
As has been widely demonstrated over recent years, Australia’s electricity system is transitioning away from coal more rapidly than expected. This in turn necessitates the expansion and modernisation of Australia’s power grid so as to accommodate the increasing supply of renewable energy, prevent power disruptions, and reduce costs for consumers.
Clean Technology Partners (CTP), an Australian-based independent engineering consultancy specialising in renewable energy and energy storage projects, was established in 2011 and has since provided engineering services for more than 3GW of clean energy and 250MWh of energy storage projects across the country.
CTP’s decade of experience advising on Australia’s power grid and renewables and storage technology projects will help expand DNV’s presence in Australia and allow it to better support its Australian- and Asia Pacific-based clients.
“We are honoured to be welcoming CTP’s team into the DNV family,” said Ditlev Engel, CEO of energy systems at DNV.
“CTP brings proven capability to complement the strengths of our existing business and provides additional depth in solar, storage and hybrid system expertise. Bringing together these two great teams will significantly improve our ability to support our clients across the whole energy value chain.
“This acquisition is a testament to DNV’s long-term commitment to contribute to the uptake of clean energy in Australia and globally and to remain at the forefront of the energy transition.”
“The acquisition of CTP by DNV is an outstanding milestone for myself and the whole CTP team,” said Lachlan Bateman, managing director of Clean Technology Partners.
“We have all worked hard over the years to refine our service offering for the continually evolving renewable energy, energy storage and power systems sectors.
“Joining DNV makes so much sense to us on multiple fronts – from the project work we will be doing right through to our workplace culture. The scale, technical depth and ability of DNV to have an impact on the energy transition is something we are all very excited about.”
