Greenbyte & Power Factors join hands to Become Global Leader in RE Software Business

Energy Markets Feed

Power Factors, LLC, the North American leader in renewable energy operations and asset performance management software, has acquired Greenbyte AB, Europe’s foremost renewable energy management platform, to form the market leader in global renewable energy software.

“The energy market is undergoing a transformational shift to renewables and the industry is demanding a company with the scale, geographic reach, and product vision to support that transition. Over the years, we have greatly admired the Greenbyte team – especially their outstanding software quality and their ability to capture a significant share of the European wind market. Their success complements our own in the North American market, making it an easy decision to join forces in a shared mission of enabling the clean energy transition.”

As part of Power Factors, Greenbyte will accelerate and extend its mission to help customers visualize, understand, and act on renewable energy data.