DNV GL Acquires Solar Monitoring Provider GreenPowerMonitor

Barcelona, Spain (ots/PRNewswire) -

DNV GL, the world largest resource of independent energy experts
has acquired GreenPowerMonitor, a leading provider of solar
monitoring, control and asset management systems. GreenPowerMonitor,
established in 2008 and headquartered in Barcelona, Spain, employs 56
solar software experts who serve over 200 customers globally. Through
the acquisition GreenPowerMonitor will gain access to DNV GL's larger
global network. Its monitoring systems help developers, owners and
asset managers of large-scale solar power plants to optimize the
performance of their plants.

"The combination of DNV GL and GreenPowerMonitor is an excellent
strategic fit and will enable us to serve our joint customer base
with even better services. In particular, it brings together world
leading domain knowledge, technical expertise as well as digital
delivery platforms and data-driven services. I am sure this, together
with our trusted independent position, will enable us to help the
solar industry to advance even further," says Remi Eriksen, Group
President and CEO of DNV GL.

"Global installed PV capacity is expected to triple over the next
five years and by 2025 it should be the most economical form of
electricity in many regions of the world. By joining forces with
GreenPowerMonitor, we will be able to better support the industry in
its growth ambitions," says Ditlev Engel, CEO DNV GL - Energy. "With
150 solar experts, DNV GL and GreenPowerMonitor together become one
of the largest independent solar service providers that support the
industry including monitoring and control of 5 GW of solar generation
globally. Our joint expertise from more than 5,500 projects in solar
due diligence, testing, monitoring and asset management will help
identify and mitigate risks, provide investor confidence and push the
industry to the next level. Customers will be able to see and learn
more about our new joint offerings at our booth at the Intersolar
North America exhibition on the 12th of July."

Juan Carlos Arévalo, CEO of GreenPowerMonitor, says: "This is an
important milestone and true recognition of our capabilities as a
provider of scalable monitoring and control system software for the
solar industry. This transaction will strengthen our global delivery
capabilities and continued technological development, benefitting
customers and industry partners, as well as creating interesting
opportunities for our employees. Our full team in Barcelona, Spain
and San Jose, California in the USA will continue to serve our
customers even better going forward."

You can read the article on our website here (https://www.dnvgl.co
m/news/dnv-gl-acquires-solar-monitoring-provider-greenpowermonitor-70
144).

ots Originaltext: DNV GL
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