Power Factors

US-Based Arevon Secures $400M Green Loan for Solar, Storage Portfolio

To finance the development of a 6 gigawatt (GW) pipeline of solar and storage projects in the Midwest, Southeast, and California, Arevon Energy, a US based renewable energy leader, has obtained a $400 million green loan fund credit facility from the Canadian Imperial Bank of Commerce (CIBC) and KeyBank N.A. The timing of this fundraising […]

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Power Factors Adds ‘Drive Pro’ Platform For all Energy Storage Developers

Arevon selects Power Factor’s Drive platform to supervise its 100MW Saticoy energy storage project in Southern California. Renewable energy asset performance management and enterprise asset management software, Power Factors, LLC, announced that it has extended support for the emerging class of utility-scale battery energy storage system assets in its Drive platform and added a new […]

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Power Factors Set to Acquire Software Platform 3megawatt

Costa Mesa-headquartered Power Factors, LLC, a leading renewable energy software provider in the U.S., announced today its entry into a definitive agreement to acquire 3megawatt GmbH, the German developer of the best-in-class BluePoint asset management software platform. Power Factors, LLC, offers hardware-agnostic software-as-a-service solution for performance monitoring, asset management, and optimization. 3megawatt’s mission is to […]

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