DNV GL buys solar monitoring firm GreenPowerMonitor

DNV GL has acquired Spain-based solar monitoring company GreenPowerMonitor, strengthening its position as a service provider to the growing solar industry.

A month ago, the Norway-headquartered testing and advisory company announced the purchase of key assets from Amplify Energy to bolster its solar offering.

GreenPowerMonitor, set up in 2008, offers solar monitoring, control and asset management systems. It employs 56 solar software experts who serve more than 200 customers globally, DNV GL said today.

Together the two companies will be one of the largest independent solar service providers with 150 solar experts, providing monitoring and control to 5 GW of solar generation globally, according to the announcement.

"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," said Ditlev Engel, chief executive DNV GL - Energy.

Choose your newsletter by Renewables Now. Join for free!