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DNV GL’s GreenPowerMonitor leads renewable monitoring industry


#1 position among global independent software vendors 

Arnhem, 7 October – DNV GL, the world’s largest resource of independent energy experts and certification body, today announced its GreenPowerMonitor (GPM) unit leads the renewables monitoring industry according to Wood Mackenzie. In its “Global solar PV monitoring update 2020” GPM ranks #1 with 34GW of wind and solar energy under management.

DNV GL acquired GreenPowerMonitor (GPM) in July 2016, intending to complement its wind expertise with GPM’s solar asset management and monitoring solutions. The unit experienced a growth of 76% since 2017 and it is currently positioned as the organic fastest-growing company with a leading position in the utility and industrial segments. The flexible and customizable solutions are highly valued and put GPM one step ahead of the other companies and underscore its ability to develop advanced tools constantly.

Ditlev Engel, CEO of  DNV GL –  Energy said: “I am really proud of the team at GPM achieving this important milestone in this relatively short time we are together now. When we started in 2016 we knew that combining our knowledge and customer base would position us as the independent experts in the solar sector.  We are proud to see how our customers recognise our expertise as we help them maximize the value of their renewable energy assets through our digital monitoring solutions. This really helps our customers accelerate in the energy transition”.

“Today we are in a privileged position. Clearly, these results are a direct consequence of our solid strategy based on 4 fundamental pillars: multi-technology, analytics, grid integration and asset management.  However, this is only the beginning. We have a new 2020-2025 strategy in which GPM will transform monitoring and control solutions trends once again.

We’ll add knowledge and expertise from DNV GL and together we will deploy disruptive and powerful tools to market. Stay tuned – it’s time to take action. The future is now”, said Juan Carlos Arévalo, CEO GPM at DNV GL.

With more than 13 years in the market, GPM manages more than 34GW portfolio around the world between solar and wind projects, 25 of which are of more than 200 MW, and 70 are of more than 100 MW.

About GreenPowerMonitor

GreenPowerMonitor, a DNV GL company offers a market-leading integrated solution of software, hardware and services for the management and maintenance of renewable energy installations. GPM’s purpose is to provide digital tools to maximize the performance of renewable energy assets, optimize efficiency in the management of portfolios and contribute to having the greenest energy mix in the grid. Its monitoring, managing, and analytic solutions have helped more than 700 clients in 72 different countries.

About DNV GL

DNV GL is the independent expert in risk management and quality assurance, operating in more than 100 countries. Through its broad experience and deep expertise DNV GL advances safety and sustainable performance, sets industry benchmarks, and inspires and invents solutions. Whether assessing a new ship design, optimizing the performance of a wind farm, analyzing sensor data from a gas pipeline or certifying a food company’s supply chain, DNV GL enables its customers and their stakeholders to make critical decisions with confidence.

Driven by its purpose, to safeguard life, property, and the environment, DNV GL helps tackle the challenges and global transformations facing its customers and the world today and is a trusted voice for many of the world’s most successful and forward-thinking companies.

In the power and renewables industry

DNV GL delivers advisory, certification and testing services to stakeholders in the energy value chain. Our expertise spans energy markets and regulations, onshore and offshore wind and solar power generation, power transmission and distribution grids, energy storage and sustainable energy use. Our experts support customers around the globe in delivering a safe, reliable, efficient, and sustainable energy supply.

Learn more at www.dnvgl.com/power-renewables