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Power Factors selected as Shell New Energies technical asset management platform

Independent software and services provider for renewable energy Power Factors LLC, has announced that Shell New Energies has chosen Power Factors’ Drive platform as the technical asset management platform for its renewable power generation assets.
Power Factors selected as Shell New Energies technical asset management platform

The Power Factors Drive platform combines remote monitoring and advanced analytics into a single platform, linking operational events to cases management and commercial compliance in real-time to optimise asset performance and reporting. The platform will improve return on investment for Shell New Energies’ growing global portfolio of wind, solar and battery storage assets, totalling 516 MW across nine facilities in North America, Europe, Australia and the Middle East. The solution is in the initial onboarding phase.

The Power Factors Drive platform is a flexible, extensible software solution that delivers reliable information and centralized toolsets to help extend asset lifespan and ensure the long-term health of renewable energy assets regardless of asset class or OEM. It also provides the solid foundation of cleansed and curated data necessary to take advantage of advanced analytics, artificial intelligence and machine learning.

“We are excited that one of the world’s largest energy companies has selected Power Factors’ Drive platform to improve performance and reporting for its renewable energy assets” said Gary Meyers, CEO of Power Factors.

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Power Factors LLC

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