Yokogawa to market asset performance management platform for a US-based firm
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Yokogawa to market asset performance management platform for a US-based firm

As per the tie-up, Yokogawa will market Power Factors’ industry-leading Drive software platform of asset performance management (APM) solutions for renewable power facilities

  • By ICN Bureau | December 05, 2020
Yokogawa Electric Corporation and US-based Power Factors, LLC, have announced a global reseller agreement under which Yokogawa will market Power Factors’ industry-leading Drive software platform of asset performance management (APM) solutions for renewable power facilities.
 
Designed for solar, wind, and energy storage assets, Power Factors’ cloud-based Drive platform for APM delivers the tools and insights needed to optimize the levelized cost of energy (LCOE*) and address the complex integration of large, diverse fleets of renewable energy assets. The platform empowers owners and operators to overcome their biggest challenges, from dealing with aging control technology and disparate systems to the management of data quality, asset performance, and regulatory compliance.
 
Yokogawa’s renewable energy product portfolio includes edge devices, control platforms, a range of other services including system design, and advanced solutions for the optimization of energy storage devices. In an industry with multiple original equipment manufacturers (OEMs), asset types, and interfaces, the combination of Power Factors’ flagship APM platform with Yokogawa’s industrial automation systems and global service network gives owners and operators the ability to deploy a standardized hardware infrastructure and software interface across their different plants for more efficient management and analysis.

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