European Energy partners with Power Factors to boost asset performance

European Energy has signed a software agreement with Power Factors to implement the Unity platform as part of its efforts to enhance the management of operational data across its renewable energy portfolio. This marks the latest step in strengthening European Energy’s data-driven approach to asset performance and operational efficiency. 

The platform will be rolled out across 2.4 GW of installed capacity, covering wind, solar PV, and battery energy storage systems (BESS), including both European Energy-owned parks and third-party assets under management. This diverse portfolio encompasses key European energy markets in Northern and Central Europe, as well as Australia, totaling 11 countries.  

With the implementation of Unity Asset Performance Management (APM), European Energy will consolidate real-time monitoring, automated reporting, and advanced analytics into one unified system. This will enable the asset management team to detect performance deviations earlier, reduce downtime, and act more proactively on technical issues – such as underperforming turbines or inverter faults. These new capabilities are key to delivering operational excellence, ensuring consistent asset performance, and supporting the continued growth of European Energy’s global asset management portfolio. 

“Our team will be able to optimize performance guidance to asset owners based on the automated insights delivered by Unity APM,”  says Jacob Saust Johansen, Executive Vice President, Asset Management & Operations at European Energy. “This will enable us to drive higher productivity across our parks and scale efficiently as our portfolio continues to grow.”

Rødby Fjord wind project (image courtesy of European Energy)

The decision follows an extensive testing phase. As European Energy’s portfolio of renewable energy assets expands, the complexity of its data environment increases. Maintaining clean, reliable data across the portfolio is critical for driving accurate insights and downstream decision-making. This new setup will automatically detect data issues, provide best-fit replacements, and ensure business continuity with minimal effort – enabling a more streamlined, analytical, and proactive approach to asset management across the company’s operations. 

“A single, unified platform for asset management is the only way for companies to unlock the consistent, trustworthy data they need for meaningful performance optimization,” said Julieann Esper Rainville, CEO, Power Factors. “With Unity APM, European Energy is unlocking new efficiencies and laying the foundation for its next phase of growth. We’re honored to partner with European Energy to support its continued expansion.”

About Power Factors

Power Factors unifies renewable energy operations from the sensor to the cloud. Its next-generation Unity renewable energy management suite (REMS) is one of the most extensive and widely deployed solutions in the market, enabling renewable energy growth in more than 70 countries. Power Factors manages 25% of the world’s renewable energy data in the markets it serves, with over 300 GW of wind, solar, and energy storage assets across 600+ customers and 18,000 sites. Through its combination of hardware, software, and services, Power Factors supports the entire energy value chain, from monitoring and controls to market participation. The Unity REMS suite of open, data-driven applications is built for scale, empowering renewable energy stakeholders to collaborate, automate critical workflows, and make more informed decisions to maximize asset returns as they grow. For more information, visit powerfactors.com.