Powel, a leading supplier of software solutions to the energy and public sectors, today announced the opening of a new office in Düsseldorf, Germany to support its rapidly-growing business in Germany.
The expansion is fuelled by the increasing focus on supporting key customers like E.ON, Uniper and a growing number of public utilities (Stadtwerke) undergoing digital transformation in a rapidly changing energy sector. The new offices will further strengthen Powel's position as a trusted international supplier of renewable energy production and trading solutions.
"Germany is leading Europe in renewable energy production, trading and logistics, surpassing its 2020 targets for green power and preparing for future success in a highly competitive energy sector," said Arnt Sollie EVP of Powel's International Smart Energy business. "By establishing a presence in Düsseldorf, we can provide better support and innovation management to our customers in Germany and accelerate our growth in this key market."
Powel recently announced a collaboration with German-based KISTERS, a global IT company, to resell Powel Algo Trader, its algorithmic trading software, as a white box solution in the German market, securing its position and creating new business opportunities for both parties.
Leading the way in modernisation of utility software solutions, Powel offers its Smart Energy Ecosystem in the cloud with smart integrations to fit unique IT environments. The successful delivery of a 100% public cloud-hosted design in Microsoft Azure supports future innovation and co-creation projects with key customers in Germany and technology partners like Microsoft.