Power Factors

Power Factors develops software solutions that accelerate the global energy transition by empowering renewable energy stakeholders to collaborate, automate critical workflows, and make data-driven decisions. The company's flagship product, Unity, is a comprehensive renewable energy management platform that supports the entire asset lifecycle, from development through asset performance to market operations. Unity is designed to handle data from multiple asset classes including hydro, wind, solar, and battery energy storage systems (BESS). The platform delivers AI-powered insights at scale, enabling renewable energy enterprises to optimize portfolio performance and improve the levelized cost of energy.

Power Factors' software suite includes applications for asset management, field service optimization, and performance optimization. The company's solutions leverage domain expertise and machine learning-based advanced analytics to help customers maximize the value of their renewable assets. In June 2022, Power Factors acquired Inaccess, expanding its offerings to include SCADA, power plant and battery control, and energy marketing solutions. This acquisition positioned Power Factors as one of the world's largest renewable energy software companies, with nearly 200 GW of wind, solar, hydro, and energy storage assets under management as of June 2022.

Key customers and partnerships

Power Factors serves over 500 global renewable energy leaders and investors, managing assets across more than 18,000 sites worldwide. The company's customer base includes top international renewable investors and developers, global utilities, oil and gas majors transitioning to green energy, and renewable energy asset managers and constructors. Notable customers include Longroad Energy, a company focusing on developing, owning, and managing wind, solar, and storage projects throughout North America, and Miller Brothers Solar, a top five O&M service provider in the US Power Factors has also expanded its presence in Latin America, managing over seven gigawatts of renewable energy portfolio capacity across 10 countries in the region as of May 2022.