DNV has acquired Smarter Power Solutions Pty Ltd, an Australian power systems engineering consultancy, to enhance its capabilities in addressing complex grid connection challenges and support the energy transition in the Asia Pacific region.

Information on the target

DNV has announced the acquisition of Smarter Power Solutions Pty Ltd (SPS), a prominent Australian power systems engineering consultancy recognized for its advanced grid-connection capabilities. Founded in 2021 and headquartered in Melbourne, SPS has established a strong presence in Brisbane, Sydney, and New Zealand, boasting a specialized team of power system engineers with extensive experience in complex grid connection studies, advanced modeling, commissioning, and compliance.

The acquisition significantly enhances DNV’s position as a leading independent global power grids consultancy in the Asia Pacific region. SPS's proven track record includes successful approvals from the Australian Energy Market Operator (AEMO) for innovative grid-forming and hybrid battery projects, further solidifying DNV’s technical leadership in one of the world's most demanding energy markets.

Industry overview in the target’s specific country

Australia is recognized as a global leader in renewable energy integration, characterized by its ambitious energy transition goals and advanced grid connection standards. The country has achieved record renewable penet