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A new agreement for renewable energy asset performance management platform

December 3, 2020 3:51 pm

A new agreement for renewable energy asset performance management platform
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Yokogawa Electric Corporation announced a global reseller agreement under which Yokogawa will market Power Factors’ industry-leading Drive software platform of asset performance management solutions for renewable power facilities.

Designed for solar, wind, and energy storage assets, Power Factors’ cloud-based Drive platform for APM delivers the tools and insights needed to optimise the levelised cost of energy  and address the complex integration of large, diverse fleets of renewable energy assets. The platform empowers owners and operators to overcome their biggest challenges, from dealing with aging control technology and disparate systems to the management of data quality, asset performance, and regulatory compliance. 

Yokogawa’s renewable energy product portfolio includes edge devices, control platforms, a range of other services including system design, and advanced solutions for the optimisation of energy storage devices. In an industry with multiple original equipment manufacturers (OEMs), asset types, and interfaces, the combination of Power Factors’ flagship APM platform with Yokogawa’s industrial automation systems and global service network gives owners and operators the ability to deploy a standardised hardware infrastructure and software interface across their different plants for more efficient management and analysis. 

The powerful combination of Yokogawa’s expertise in field sensors, data acquisition, and control, with Power Factors’ advanced analytics and APM software will support leading renewables companies as they meet the challenges of efficiently expanding and optimising renewable energy sources. With a shared understanding that meaningful insights start with trustworthy data, Power Factors and Yokogawa have partnered to support the growth of the renewable energy industry and contribute to a cleaner, more sustainable future.

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