Renewable Energy Industry Leaders Join Forces to Provide Advanced Analytics to Wind and Solar Owners and OperatorsArista has been providing advanced analytics services to scores of wind farm owners in North America for over a decade. Power Factors and Arista's combined stellar roster of energy clients includes Cartier Énergie Éolienne, Capital Power and EDF Renewables.
Power Factors executives expressed their excitement at integrating Arista’s wind energy services and expertise into their current software and product offerings. “Arista’s highly-technical industry knowledge and performance insights perfectly complement Power Factor’s data, analytics and portfolio management services,” said Power Factors Senior Vice President, Dave Roberts. “The collaboration between our two companies will further propel Power Factors towards becoming a world leader in the operational and performance monitoring of renewable energy projects.” Presently, Power Factors supports and monitors over 23 GW of solar and wind projects. Arista’s advanced analytics will give Power Factors a thorough and optimized approach to assure optimal performance of clients’ energy assets.
“We are very excited to be joining forces with Power Factors,” said Francis Pelletier, President and Co-Founder of Arista. “Working with Power Factors will allow us to widely demonstrate our highly-technical and unique capabilities in renewable energy advanced analytics. This collaboration will also allow us to utilize their expansive PF Drive Software as a Service (‘SaaS’) platform to provide powerful visualization of power plant events impacting production and advanced analytics to drive actions which will improve performance over the life of the assets. Our combination gives owners and operators a set of tools to improve plant performance and maintain visibility over workflow and actions taken by their field operations teams. This is a big win for our current and future customers.”
This merger will result in significant expansion and hiring in Canada.