Power Factors

Power Factors

Cloud-based asset performance management for renewables

Overview

Power Factors offers a cloud-based SaaS platform for renewable energy asset owners, operators, and developers. Its Unity suite unifies monitoring, analytics, field service management, and commercial asset management to centralize data from multiple sources for large wind, solar, and storage portfolios. By integrating acquisitions like Greenbyte and Inaccess, the platform provides a single view that automates workflows, uses AI-based predictive analytics, and supports SCADA-based and market analytics to optimize performance and revenue. The goal is to help clients maximize both financial returns and physical asset performance while expanding global adoption and efficiency.

About Power Factors

Simplify's Rating
Why Power Factors is rated
B+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Energy

Enterprise Software

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Larkspur, California

Founded

2012

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Simplify's Take

What believers are saying

  • May 6 2026 Mubadala investment funds global expansion and product development.
  • April 29 2026 REMI launch strengthens upsell and workflow automation across existing customers.
  • January 29 2026 Guidehouse ranked Power Factors number one in utility-scale storage EMS and M&C.

What critics are saying

  • REMI commercialization remains early; only 30 GW use it, leaving adoption risk through 2026.
  • Mubadala and Vista can pressure growth targets, forcing expensive expansion and integration execution.
  • A major outage or data error inside Unity would damage trust across 600 customers.

What makes Power Factors unique

  • Unity spans SCADA, EMS, APM, O&M, and commercial management in one platform.
  • Power Factors manages 310 GW across 18,000 sites in 70-plus countries.
  • REMI is agentic AI embedded in Unity, trained on 310 GW operational data.

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Benefits

Health Insurance

401(k) Retirement Plan

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

3%

2 year growth

32%
StreetInsider
May 6th, 2026
Mubadala joins Vista Equity as minority investor in renewable energy software firm Power Factors

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.

PR Newswire
Apr 29th, 2026
Power Factors launches Unity REMI, AI engine optimising 310 GW of renewable energy assets

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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