BAY4 ENERGY SERVICES SELECTS POWER FACTORS AS ITS TECHNICAL ASSET MANAGEMENT PLATFORM

BAY4 ENERGY SERVICES SELECTS POWER FACTORS AS ITS TECHNICAL ASSET MANAGEMENT PLATFORM

by Power Factors

FIRMS SIGN FIVE-YEAR TECHNOLOGY AGREEMENT

LARKSPUR, CA, June 30, 2020 — Power Factors LLC, a leading independent software and services provider for renewable energy, is pleased to announce that Bay4 Energy Services LLC has selected Power Factors’ Drive Plus software platform for monitoring the company’s extensive nationwide portfolio of renewable assets.

The Power Factors Drive Plus platform combines technical asset management and field service management into a single platform, linking operational events to work orders, spare parts inventory and commercial compliance in real-time to optimize maintenance and reporting. Bay4 Energy Services is deploying Drive Plus to manage a diverse and growing portfolio of solar and energy storage assets, totaling more than 1,500 MW across more than 1,800 sites throughout North America.

Gary Meyers, CEO of Power Factors, said, “We are thrilled to welcome Bay4 Energy Services to the Drive Plus platform. As the leading independent energy services provider in the US, Bay4 Energy’s selection of Drive Plus affirms our sustained investment in delivering the world’s best platform for renewable energy asset management and integrated field service management. It is an honor to work with a company of Bay4’s national presence, exceptional customer focus, and comprehensive service offering, and we look forward to exceeding their needs now and into the future.”

Dennis Odden, President of Bay4 Energy Services, said, “With Bay4’s long history of renewable energy asset performance, extensive technical expertise, and comprehensive portfolio management, we understand the increasing demands from our customers, and their need to drive data-based outcomes. Power Factors understands these needs equally well, and we are confident that our team, with solutions from Power Factors, will enable us to continue providing exceptional service with the highest degree of accuracy and automation.”

About Power Factors LLC  

Our mission is to deliver software and services to make renewable energy the world’s leading power generation source. Power Factors consolidates multiple operational data sources, asset hierarchies and metadata frameworks to create a single cloud-based remote asset management platform that works with today’s large-scale portfolios. With embedded connections to maintenance workflows, Power Factors streamlines process, reduces costs and increases ROI of assets. Implementation and Customer Success Services ensure customers realize value from the platform quickly and for the life of the asset. Learn more at pfdrive.com and follow us on LinkedIn and Twitter.

About Bay4 Energy Services LLC

Bay4 Energy is a leading independent renewable energy service organization providing a comprehensive suite of energy and asset performance management services designed to keep owners, investors, and operators in touch with their renewable assets while delivering optimized energy production and financial returns. Bay4 is trusted by its partners to manage every aspect of a project or portfolio, including asset management, O&M, independent engineering reviews, comprehensive system monitoring, performance diagnostics, and more. For more information, visit www.bay4.com.