Renewables and storage software providers Power Factors and Inaccess join forces with acquisition

▤ Summary

Inaccess specialises in digital infrastructure management solutions for assets including wind, solar, battery storage, virtual power plants and telecoms sites. Functions it performs include energy shifting, SoC management and balancing, ramp rate control for the PV plant as well as frequency and voltage support at both whole-system and sub-plant levels. In a press release last week, Power Factors noted that particularly as renewable energy deployment moves away from subsidies to a more “dynamic, market-driven environment,” technologies that can closely monitor and control both an asset’s performance in the markets as well as on a technical level will be crucial. In a Guest Blog for Energy-Storage.news published last August, Power Factors co-founder Steve Hanawalt argued that the uptake of digital asset management software for battery storage had lagged behind that of the wind and solar sectors. “As battery storage enters its next growth phase and gains more investors, a higher quantity and quality of data is crucial to maintain momentum,” Hanawalt wrote.

▦ Linked Companies

inAccess Networks

$10M to $25M