Power Factors’ cover photo
Power Factors

Power Factors

Software Development

Waltham, Massachusetts 20,391 followers

About us

Power Factors unifies renewable energy operations from the sensor to the cloud. Our next-generation Unity renewable energy management suite (REMS) is one of the most extensive and widely deployed solutions in the market, enabling renewable energy growth in more than 70 countries. Power Factors manages 25% of the world’s renewable energy data in the markets it serves, with over 310 GW of wind, solar, and energy storage assets across 600+ customers and 18,000 sites. Through our combination of hardware, software, and services, Power Factors supports the entire energy value chain, from monitoring and controls to market participation. The Unity REMS suite of open, data-driven applications is built for scale, empowering renewable energy stakeholders to collaborate, automate critical workflows, and make more informed decisions to maximize asset returns as they grow. For more information, visit powerfactors.com.

Website
https://www.powerfactors.com
Industry
Software Development
Company size
501-1,000 employees
Headquarters
Waltham, Massachusetts
Type
Privately Held
Specialties
Enterprise Asset Management, Asset Performance Management, Wind, Solar, PV, Energy Storage, Clean Energy, Renewables, Renewable Energy, Software, SaaS, Battery Energy Storage, BESS, Commercial Asset Management, SCADA, EMS, PPC, Field Service Management, Market Operations, Central Monitoring, AI, and AI Insights

Locations

Employees at Power Factors

Updates

  • 📈 What if you could add new controllable capacity to your renewable portfolio, without building a single new plant? With global data center energy use expected to more than double by 2030, surpassing the total annual consumption of Japan (IEA, Energy and AI, 2025), the pressure is on for grid solutions that can deliver more capacity, faster. 💡 Virtual power plants (VPPs) offer a smart way to bridge that gap, adding flexible, dispatchable power without costly buildouts. Our latest white paper explores: ✅ How VPPs turn distributed assets into single, dispatchable power sources ✅ Design strategies for flexibility, resilience, and stronger returns ✅ Market and technology approaches that minimize penalties and optimize value 🔗 Get the full white paper here: https://lnkd.in/gTfBHD2A

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  • Power Factors has reached 20,000 followers!✨ We’re truly grateful for this community. Your passion, curiosity, and the work you do across the renewable energy industry make this space worth showing up for. Thank you for being here, for engaging with us, and for being part of the conversation as we help customers grow their clean energy operations. We appreciate you. 💚

  • Power Factors reposted this

    View profile for Sam Costello

    Renewable Energy SaaS and SCADA Account Executive

    A huge thank you to the organizers and attendees of the Battery Asset Management Summit in San Diego last week! 🔋☀️ It was an honor to serve as a panelist along with Bryce Sullivan, Shyam Srinivasan, and Marci Palmstrom as our moderator. Our conversation ranged from high level portfolio management techniques, all the way into specific analytics that smart EMS can incorporate into BESS operations. I really enjoyed our fluid conversation, and I'm encouraged at the state of the industry today and upcoming innovations in the space around optimization of these dynamic assets.   I left feeling both grateful for the opportunity and optimistic about the future of large scale BESS. Also found the conversations on overbuilding vs. augmentation to be very insightful. My key takeaway: deep integrations will enable optimal asset management at scale. I’m especially hopeful that we can leverage the valuable lessons and operating practices already established by fellow renewable energy developers, owners, and operators while also incorporating ground breaking innovations. Let’s keep the conversation going! #BESS #EnergyTransition #RenewableEnergy #AssetManagement #BatterySummit

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  • We hear from BESS operators all the time that the biggest blockers in their day-to-day are the gaps between systems, unreliable data, and constantly choosing between performance, health, and compliance. The right software can help reduce these daily frustrations, giving operators more clarity, control, and confidence in their decisions. 📘 Download the eBook 5 Overlooked Gaps in Your BESS Strategy—and What They’re Costing You to see how: https://lnkd.in/gx4g7vKg

  • Power Factors reposted this

    What’s on the horizon for renewables operators in 2026? I had the chance to explore that last week as the host of Power Factors’ 2026 outlook webinar. My biggest takeaways: 1. Every basis point matters when returns are getting squeezed, and optimization is more important than ever. We’re seeing Power Factors customers building out centralized performance teams, and making investments in advanced analytics and diagnostics. 2. Leaders are thinking at the portfolio level. Assets now have to be managed as a portfolio to make the most of real-time electricity markets, participate in PPAs, and deliver ancillary services. 3. Data quality is truly a competitive advantage, especially when it comes to M&A. Even if you’re not planning to transact, clean data is the best way to maintain critical intelligence for your operations. 4. AI is a co-pilot, not a tool. AI systems will give operators access to their data, with verifiable and transparent outputs — transforming raw data into actionable insights and synthesizing complex information. ...and so much more – if you didn’t catch it, you can find the recording here: https://lnkd.in/drmAHutu

  • Power Factors reposted this

    View profile for Ricardo Wigman

    CxO Executive | Leading Software for the Energy Transition

    I have spent my career at the intersection of technology and energy, and the excitement for the industry never ceases to grow! Recently, I had the pleasure of engaging in a discussion with Kenneth Carter from Wind Systems Magazine about my fresh responsibilities at Power Factors. Our conversation delved into the pivotal hurdles and prospects awaiting wind asset owners and operators when it comes to optimizing their performance and technology. It is difficult to such conversations and not take pride in Power Factors pivotal role in ensuring that the assets propelling the #energytransition maintain peak performance over the long haul. For a comprehensive overview of my exchange with Kenneth, click here: https://lnkd.in/eedjrK3r

  • 📣 Metlen Energy & Metals expands its partnership with Power Factors to unify technical and commercial asset management across its rapidly growing global renewable energy portfolio.   A longtime Power Factors customer, METLEN is broadening its use of the Unity Renewable Energy Management Suite to gain a 360-degree view of performance, operations, and finance across its 11+ GW portfolio spanning 40 countries. 💬 "Unity uniquely addresses the scale and complexity of our global renewable portfolio, enabling METLEN to further enhance asset performance, drive revenue optimization, and support our continued growth across key markets,” said Thomas Vakalikos, Head of Asset Management – Europe, Global Operations, METLEN.   By combining Unity APM, Asset Oversight, and Invoice Management with Power Factors’ SCADA, EMS, and PPC systems, METLEN gains a unified digital backbone for global asset management, simplifying complexity and enabling smarter, faster decisions at scale.   We’re honored to deepen our partnership with METLEN and support their ambitious growth across global renewable markets. ⚡   Read the announcement: ➡️ https://lnkd.in/g9TzXHsT

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  • Tomorrow’s the day! 🚀 Join us for a conversation that could reshape how renewable energy operators approach 2026. We’ll cover what’s changing, what’s working, and how data-driven operations are shaping the next wave of performance, leaving you with practical insights to inform your strategy for the year ahead. 📅 November 13, 2025 | 10am ET | 4pm CET 🔗 Register here: https://lnkd.in/g_dvRquf Can't make it live? Register anyway, and we'll send you the recording. 📽️

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  • Renewable portfolios are more complex than they've ever been. Teams are managing more assets across more technologies: wind, solar, and storage, often in hybrid configurations. Operations are spread across multiple sites. Market volatility is real. Compliance requirements keep changing. Operations teams are managing more with the same resources, and standard monitoring simply wasn't built for this. On November 13th, join Power Factors' Deborah Beatty, Chief Strategy Officer, and Pramod Bangalore, Director, Advanced Analytics & Research, for a live webinar: Navigating renewables in 2026: Smarter portfolio intelligence for wind, solar, and storage. They'll walk through the trends shaping 2026 and how analytics is helping operators stay on top of performance across increasingly complex portfolios. 📅 November 13, 2025 | 10am ET | 4pm CET 🔗 Register here: https://lnkd.in/g_dvRquf Can't make it live? Register anyway, and we'll send you the recording. 📽️

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Funding

Power Factors 1 total round

Last Round

Private equity
See more info on crunchbase