GreenPowerMonitor (GPM), a DNV company, and the digital solution provider for monitoring and management of renewable power plants have acquired the PV analytics technology platform, PEAK from Alteso, the PV performance improvement specialist located in Vienna, Austria.
analytics services
PEAK’s special algorithms, including machine learning for exploring big data, will be integrated into GPM’s platforms.
With this optimized digital analytics platform GPM will be able to provide first-in-class advanced analytics services to the global solar industry, utilizing visualized insights and artificial intelligent-driven solutions.
Energy Transition
By 2050, solar and wind will represent 69% of grid-connected power generation, and fossil power just 13%
DNV’s 2021 Energy Transition Outlook report forecasts that by 2050, solar and wind will represent 69% of grid-connected power generation, and fossil power just 13%.
Connectivity, storage, and demand response will be critical assets in the decarbonized power system. Over the coming 30 years, USD 12 trillion will be invested in both building a larger grid and adapting it to the variability of solar and wind through technical solutions.
one-stop-solution
“We see the acquisition of our analytics technology by the global knowledge leader GPM as a strong confirmation of the quality of the product we have developed over the last years,” said Michael Oberdorfer, CEO of Alteso.
Günter Maier, COO of Alteso stated “The integration of PEAK into GPM’s platforms completes on one hand our vision for creating a one-stop-solution for unlocking the untapped value to be made from transforming data into wisdom and starts on the other hand an accelerator for leveraging such wisdom for holistic asset value maximization.”
decarbonization
This acquisition reinforces our strategy to serve our customers in the renewables industry with advanced analytics"
“Fact-based insights are needed to accelerate the much-needed green energy transition and realize deep decarbonization of the energy industry,” said Juan Carlos Arévalo, CEO of GreenPowerMonitor, a DNV company.
He adds, “This acquisition reinforces our strategy to serve our customers in the renewables industry with advanced analytics, multi-technology, grid integration, and asset management.”
data-driven monitoring solutions
Juan Carlos Arévalo continues, “At GPM we are at the beginning of a deeper transformation where we will combine knowledge, expertise, and innovative data-driven monitoring solutions helping our customers get the most out of their assets.”
The integration of Alteso fits into the continuous focus of DNV and GPM to support renewable owners and developers in optimizing renewable assets by digitalization and innovation, focussing on digital twins, asset management, monitoring, and control solutions.
