GreenPowerMonitor Opens Offices in India and Consolidates Its Internationalization
Summary
The two main objectives of the company were on the one hand to achieve 1GW of monitored power and on the other, to strengthen its internationalization with a steady expansion of GreenPowerMonitor into emerging markets.After more than 7 years providing solutions for monitoring and information management in Europe, the second objective was sustained internationalization, following the companys strategy of betting on emerging markets in solar photovoltaics.San Jose, CA, July 19, 2012 --( PR.com )-- Mumbai and New Delhi in India are the cities which GreenPowerMonitor has chosen to host its new regional centers.The Spanish company, a leader in photovoltaic solar monitoring solutions, portfolio management software and data analysis thus takes a further step in its international expansion strategy.Currently India is considered a country of great growth potential with ambitious targets to install 20,000 MW of solar power by 2022, as declared by the National Solar Mission.Juan Carlos Arevalo, the companys CEO said: "The monitoring market in India is still very immature, but the benefits which a strong partner in PV monitoring and management such as GPM can bring are evident and will help us position ourselves quickly in the new market.The company specializes in managing large portfolios, but also offers installers and customers a powerful web tool which provides energy and financial reporting for smaller installations and those behind-the-meter.Given the company’s strong financial performance GreenPowerMonitor is keeping an open mind toward attacking new markets by opening new offices in South America and South Africa.
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