In Wood Mackenzie's Global Solar PV Monitoring Update 2020, GPM ranks at the top of the list with 34 gigawatts of wind and solar energy under management. DNV GL acquired GreenPowerMonitor 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 per cent since 2017 and it is currently positioned as the organic fastest-growing company with a leading position in the utility and industrial segments.
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.”
Four-pillared strategy
“Today we are in a privileged position. Clearly, these results are a direct consequence of our strategy based on four 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,” said Juan Carlos Arévalo, CEO GPM at DNV GL.
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Post-pandemic investment needed to accelerate scaling of renewables
With more than 13 years in the market, GPM manages a portfolio of more than 34 gigawatts around the world between solar and wind projects, 25 of which are larger than 200 megawatts, and 70 exceed 100 megawatts. (mfo)