DNV has signed a definitive agreement to acquire Clean Technology Partners (CTP), a clean energy consultancy in Melbourne, Australia.
CTP’s power grid, renewables and storage technology expertise has delivered over 1500 advisory projects over the last 10 years enables DNV to expand its market footprint in Australia and address the critical area of connecting generation projects to the country’s grid.
“We are honoured to be welcoming CTP’s team into the DNV family.
“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,” said Ditlev Engel, CEO Energy Systems at DNV.
Brice Le Gallo, Vice President and Regional Director-Asia Pacific, Energy Systems at DNV said the company is looking to strengthen its position in the power grids sector.
“Our acquisition of CTP is going to considerably change our position in that sector in Australia and will also significantly change the way we are able to add value to our customers in the whole region,” said Le Gallo.
Australia’s electricity system is transitioning away from coal more rapidly than expected.
Therefore, the expansion of Australia’s power grid needs to be accelerated to accommodate the increasing supply of renewable energy, prevent power disruptions and reduce costs for consumers.
“The acquisition of CTP by DNV is an outstanding milestone for myself and the whole CTP team.
“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,” said Lachlan Bateman, Founder and Managing Director, Clean Technology Partners.
Bateman will serve as Head of Power Systems Planning for Asia Pacific and Matthew Forwood will be Head of Project Engineering and Due Diligence – Australia.
Both will be based out of DNV’s Melbourne office.