Power Factors
Develops software for managing and optimizing renewable energy assets.
Company facts
- Founded
- 2013
- Employees
- 600
- Headquarters
- United States
- CEO
- Julieann Esper Rainville
- Type
- Private
- Funding
- Private Equity · $650M · 2021
- Subsidiaries
- Unity, Greenbyte, BluePoint, 3megawatt, Inaccess
About
Power Factors is a leading renewable energy software provider that develops comprehensive software solutions to assist owners and operators in optimizing their renewable energy assets. Founded in 2013, Power Factors has achieved significant growth in the renewable sector by offering innovative management software that helps clients control and enhance the efficiency of their energy assets across the globe. The company’s solutions power over 300 GW of solar, wind, hydro, and energy storage assets worldwide. The company’s flagship product, the Unity renewable energy management suite (REMS), integrates various functionalities from data collection to analytics, enabling customers to maximize their energy production and improve the financial performance of their operations. Power Factors is committed to fostering the energy transition by empowering stakeholders in renewable sectors, from independent power producers to utilities, ensuring they have the tools needed to make informed decisions based on real-time data and analytics. Through continuous innovation, strategic acquisitions, and a focus on environmental stewardship, Power Factors is redefining energy management for a sustainable future.