PPower Factors provides a cloud-based SaaS platform for the renewable energy sector that helps asset owners, operators, and independent power producers optimize large portfolios of wind, solar, and energy storage assets. Its Unity energy management suite unifies monitoring, analytics, field service management, and commercial asset management into one platform that collects data from many sources to support remote asset management. The platform uses SCADA data, AI-based predictive analytics, and automated workflows built on OSIsoft PI and Microsoft Azure to improve revenue and reduce manual tasks. It differentiates itself by merging multiple capabilities from a series of acquisitions into a single integrated system at scale, and its goal is to maximize financial and physical performance while expanding global adoption.
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Industries
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Larkspur, CA
Founded
2012
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Power Factors, a renewable energy management software provider, has secured a minority investment from Abu Dhabi-based Mubadala Investment Company. Mubadala will join existing investor Vista Equity Partners to support the company's growth and global expansion. The Boston-based firm manages 310 gigawatts of renewable energy assets across 18,000 sites in over 70 countries, serving 600 customers including 70% of the world's top 50 renewable energy producers. The investment will advance Power Factors' Unity Renewable Energy Management Suite, particularly its AI-driven REMI intelligence engine, which uses agentic optimisation to improve portfolio performance. The funding will also support expansion of the company's monitoring and control business, driven by growth in utility-scale energy storage and hybrid energy systems. Power Factors manages 25% of global renewable energy data in its markets.
Power Factors has launched Unity REMI (Renewable Energy Management Intelligence), an AI-powered intelligence engine designed to optimise renewable energy portfolio performance. The company claims REMI is valued at managing operations across 310 gigawatts of renewable assets globally. REMI uses agentic AI to provide real-time monitoring, predictive analytics and automated decision-making across solar, wind, battery storage and hybrid portfolios. The system can diagnose performance issues, predict future performance risks and automate workflows like contract extraction. Currently active across more than 30 gigawatts of assets, REMI is available to all Unity APM users, with additional features rolling out throughout 2026. Power Factors manages 25% of the world's renewable energy data across 600-plus customers in over 70 countries.
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Industries
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Larkspur, CA
Founded
2012
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs