Power Factors acquires Greenbyte in renewables software tie-

Power Factors acquires Greenbyte in renewables software tie-up


Power Factors acquires Greenbyte in renewables software tie-up
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Greenbyte CEO Jonas Corné said the deal will allow the firm to better adapt to the changing needs of its customers. Image: Greenbyte.
Renewable energy software providers Power Factors and Greenbyte have joined forces, creating an entity that supports more than 75GW of solar, wind and energy storage assets globally.
California-based Power Factors this week completed its acquisition of Greenbyte, a Sweden-headquartered developer of smart data software that aims to increase productivity in renewables projects.
It is expected the collaboration will enable Greenbyte to accelerate its work to help customers understand and act on clean energy data. Over time, the firms’ platforms are expected to converge, bringing together the best practices of both into one toolset for the management and operation of renewable energy assets.

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