GreenPowerMonitor obtains Alteso's solar analytics technology platform

• DNV-owned solar surveillance company GreenPowerMonitor is to integrate Alteso's solar analytics technology platform into its offering after striking a deal to obtain it.

GreenPowerMonitor has gotten Alteso's PEAK software, a digital analytics platform that utilises artificial intelligence concepts to assist solar possession owners collect and discover information captured from operational solar arrays.

The PEAK platform will certainly be incorporated into GreenPowerMonitor's existing analytics collection, reinforcing the software's insights, the business claimed.

Financial regards to the offer were not disclosed.

Günter Maier, COO at Alteso, claimed the integration of the software would serve as an "accelerator" for companies looking for to maximise the worth of their solar assets.

"Fact-based insights are required to accelerate the much-needed green power change and realize deep decarbonization of the energy market. This procurement enhances our approach to serve our customers in the renewables industry with innovative analytics, multi-technology, grid integration and also property monitoring," Juan Carlos Arévalo, Chief Executive Officer of GreenPowerMonitor, said.

DNV got GreenPowerMonitor greater than 5 years back, however recent months have seen an acceleration in M&An offers involving solar software companies as business want to develop know-how in locations including asset surveillance and also system layout.