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New General Manager for Powel GmbH in Germany

Press release   •   Feb 11, 2020 15:28 UTC

Powel is delighted to announce the appointment of Stefan Zähringer as the new General Manager for Powel GmbH in Germany.

Zähringer has been leading the international expansion of the Powel business outside the Nordics over the last three years as VP Sales and General manager of Powel AG in Switzerland. During this time Powel has expanded its business in Europe with strategic clients like Axpo, Enel, E.ON, Luminus, RWE, Uniper, Statkraft, and Vattenfall.

“We are very pleased to welcome Stefan to his new role in Powel. His extensive knowledge about management and sales, combined with industry insights, will be an important asset to Powel" says Trond Straume, CEO at Powel group.

Leading supplier of innovative software solutions

Powel is a leading supplier of innovative software solutions for energy producers and energy traders throughout Europe. Germany is a front-runner in the European energy markets when it comes to the energy transition itself and to new innovations.

"Powel is serving a rapidly changing market with an increased need for more advanced software. The business value enabled by high-quality software is essential to meet this demand. Stefan’s experience is a perfect fit for these needs, says Straume.

The new General Manager will manage the two Powel offices in Basel and Düsseldorf and lead them as the hub of Powel’s activities in Continental Europe.

“We will link the Basel and Düsseldorf teams and their expertise closer together, to strengthen our common power to provide our clients the maximum added value, says Stefan Zähringer.

The number of trades is growing

Since the number of trades is growing rapidly and the lead times are becoming shorter, automation is a key trading advantage. Powel offers the automation of the entire process of short-term multi-asset power production optimisation, trading and market communication.

“We have a history and a track record showing that our clients can achieve top-line growth of five percent using our solutions. Our aim is to achieve a further five percent, through improved prognoses, automation, and better market operations. There is a golden opportunity also for Stadtwerke to achieve such a top-line growth by using Powel software solutions, says Zähringer.

Powel is a product house with Norwegian roots, delivering software solutions to aninternational market. Our customers are mainlyenergy companies, contractors and the public sector. Innovation andsustainabilityareat the heart of what we do. We help our customers work smarter, benefitting both their business and the environment. Established in 1996, we are a privately-owned companywithmorethan 1300 customers in over 20 countries.

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