Credit: Lightsource bp
Power Factors has introduced Unity, the next generation of its product suite. With Unity, renewable energy companies can manage the entire lifecycle of a diverse fleet of renewable energy assets from a single, unified platform. Unity delivers data and AI-powered insights at scale so renewables businesses can unlock their growth, make smarter decisions and stay agile as the world rapidly transitions to clean energy.
Informed by Power Factors’ decades of subject matter expertise, Unity is a major innovation for renewable energy asset management. Under the hood, Unity’s secure, scalable platform is purpose-built to handle the volume, variety and velocity of data from multiple asset classes including hydro, wind, solar and BESS. Through the seamless modernization of data systems and harnessing the potential of AI, renewable energy enterprises can tap into a wellspring of trusted, relevant insights, effectively charting a course for future business innovation.
Sitting on top of this technology platform is a comprehensive suite of applications that support the entire asset lifecycle, from development through asset performance to market operations. Uniting teams and data drives optimal portfolio performance, resulting in dramatic improvements to the levelized cost of energy. This fusion of upgraded data capabilities, rigorous data quality, AI expertise, modern tools and state-of-the-art security measures empowers renewable energy leaders to make the most of data-driven discoveries.
“Speed and agility are critical for today’s renewables businesses,” said Russ Butler, CTO at Power Factors. “Unity accelerates our customers’ ability to scale up quickly and adapt for the future. They can add new asset classes faster, onboard large fleets of assets, operate in near real-time, comply with new regulations, and innovate faster because they now have the flexible, secure platform to do so quickly and cost-effectively.”
Hundreds of customer sites have already been transitioned to the Unity platform, with seamless customer transitions continuing across all 18,000 sites in Power Factors’ current solutions. Unity is now in beta testing with full production slated for early 2024. New customers will be onboarded directly into Unity in early 2024, ensuring they can capitalize on its power from the outset.
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