Inaccess

Inaccess and Power Factors combine forces

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LONDON, June 17th, 2022 – Inaccess and Power Factors combine and form the largest and most comprehensive provider of digital tools needed to effectively manage large portfolios of renewables. SCADA, PPC, and VPP meet Asset Performance Management.

The combination of Power Factors’ leading asset performance management solutions with Inaccess’ SCADA, power plant and battery control, and market trading offerings will support the transition of the global renewables energy market from a subsidized and largely static environment to a dynamic, market-based environment.

Linking market and performance-based insights to assets controls will become a ‘must-have’ for the future renewables market. Additionally, the accelerated adoption of utility-scale storage solutions is enabling new revenue sources for owners of renewable plants. The combination of two powerful platforms, with Power Factors’ leading asset performance management solutions and Inaccess’ best-in-class SCADA, power plant and battery control, and energy market offerings, will unlock these new services, along with new potential revenue streams.

“The vision of linking plant insights to trading and real-time controls is among the most exciting area of the renewables market today. Open, smart, and autonomous tightly integrated tools will be required with the ever-increasing penetration of renewables onto the grid,” said Gary Meyers, CEO of Power Factors. “The combination of Power Factors and Inaccess solutions will be transformational for the renewable energy industry. We welcome our new colleagues as we join forces and collaborate to drive the renewable energy transition.”

“The renewables business is no longer just about minimizing levelized cost of energy (LCOE), but also about maximizing revenue by making smart data-driven decisions in real-time, and enabling income stacking from multiple services on existing or new operating assets. Such goals require a broad and deep technical stack along with the platform capacity and scale that  serves the largest energy producers on the planet. Achieving global scale is one of the many reasons we are excited to join forces with Power Factors,” said Christos Georgopoulos, co-founder and CEO of Inaccess.

When the transaction is closed, Power Factors will expand its customer asset management portfolio to nearly 200 Gigawatts, serving more than 300 customers worldwide, positioning Power Factors as one of the world’s largest renewable energy software companies.

Jonas Corné, Chief Strategy Officer at Power Factors, said: “We’re investing deeply in enabling our customers to drive digitalization efforts to better integrate large mixed renewable energy portfolios into the grid with direct market access. We are excited about what the integration of Power Factors and the remarkable team of Inaccess will mean to our customers and the renewable energy industry globally.”

The transaction is subject to customary closing conditions including regulatory approvals and is expected to close within 30 days.

Source: Inaccess

About Power Factors

Power Factors develops software that accelerates the global energy transition by empowering all renewable energy stakeholders to collaborate, automate critical workflows, and make the best decisions. Power Factors fights climate change with code.

Power Factors has incorporated its three flagship solutions Drive, Greenbyte, and BluePoint to build an integrated suite of open and smart apps. These apps are purpose built for asset management, field service optimization, and performance optimization. Leveraging the domain expertise and machine learning-based advanced analytics within these apps, customers can maximize the value of their renewable assets in order to stay competitive.

Power Factors’ renewable energy software platform is one of the most extensive and widely deployed solutions in the market with nearly 200 GW of wind, solar, hydro, and energy storage assets managed worldwide.

Learn more at pfdrive.com.

About Inaccess

Inaccess is the maker and provider of Unity, a state-of-the-art Hybrid SCADA and real-time big data platform for RES power plants, integrating modern technologies and concepts to maximize capacity and speed, minimize latency and optimize operation of all controllable assets. Inaccess’ current portfolio includes more than 35GW of projects in over 60 countries spanning all continents, positioning the company as one of the leading worldwide independent providers of monitoring, control and market integration for utility-scale solar and battery storage, with additional activities in wind, hybrid, mini-grid and off-grid RES projects, as well as mission critical telecom and enterprise sites.

The company works for top international renewable investors and developers, global utilities decarbonizing the grid, oil & gas majors going green, RES asset managers and constructors (EPCs). Serving customers globally, Inaccess is continuously expanding local presence and network of partners to reliably support the Unity Hybrid SCADA & Power Plant Control platform that is core to thousands of Earth’s large-scale RES generators and several ultra-large scale, landmark and unique energy transition projects.

Learn more at inaccess.com.

Record-Breaking Ultra Large PV Plant With Unity Controls

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Inaccess has been awarded the PPC contract, one of the largest single solar PV plants in the world, a 2GW photovoltaic project in the EMEA region.

The Unity Power Plant Controller (PPC) was selected for the grid integration and overall control of this record-breaking project currently under construction. Consisting of approximately 4 million bifacial solar panels and more than 80,000 trackers, this flagship PV plant will generate enough electricity for around 160,000 homes and mitigate 2.4 million tons of carbon dioxide annually.

Inaccess will deploy Unity PPC in a master-slave configuration that controls approximately 8,000 string inverters and a series of capacitor banks. The active and reactive power control functionality will be complemented by our state-of-the-art automatic voltage regulation, which is essential for the smooth integration of this landmark project into the grid. In addition, Unity’s built-in redundancy will provide the necessary reliability and availability, guaranteeing the continuous and correct operation of the site control.

Learn more about Inaccess here.

 

Shell, Inaccess to deploy Unity platform in hybrid PV+Wind 100MW Dutch project

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As renewable energy penetration increases, many grid operators and consequently developers are facing challenges due to reduced grid capacity. The Netherlands is one of the countries dealing with such challenges stemming from the fast growth of its renewable energy sector during the last couple of years.

One of the solutions to circumvent grid congestion is to co-locate Solar and Wind plants. These types of generation assets complement each other very well since there is an abundance of solar energy during the day and in the summer months while there is plenty of wind during the winter months.

This complementary nature of solar and wind can stabilize the intermittent nature of the energy production and maximize grid connection utilization, leading to significant benefits in terms of dispatchability, flexibility, and reliability.

Shell, as part of its global push in the renewable energy space, developed a hybrid asset in the Netherlands. The power plant consists of a 50MW photovoltaic power plant and a 50MW wind farm.

In order to control and monitor this complex project, Shell worked with Inaccess, a global leader in control and monitoring solutions for renewable energy projects. Building on their successful cooperation for utility-scale projects in Australia and the EMEA region, Shell and Inaccess will continue collaborating on a project pipeline in various countries.

The Unity system of Inaccess optimizes the operation of modern renewable power plants and portfolios encompassing PV, Batteries, Wind and Microgrids by offering:

  • Fine-tuned control: low-level distributed control architecture and grid interaction
  • Crystallizing and Centralizing by providing accurate data acquisition and scalability
  • Maximizing energy production by identifying and evaluating cases of underperformance
  • Optimizing market revenues by minimizing imbalance costs and maximizing Energy Capture Price

The integrated nature of the Unity system ensures “no-excuses” accurate monitoring, control and optimization and acts as the single version of truth among the EPC, O&M, Asset Management, and Market Management ecosystem, thus eliminating inefficiencies.

Co-locating wind farms with solar assets provides more grid-friendly power that is necessary in today’s congested grids. This pairing has the potential to disrupt and transform many renewable energy markets globally that are facing similar challenges.

About Shell

Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

Globally, Shell is building an integrated power business that will provide customers with low-carbon and renewable energy solutions. Shell Renewables and Energy Solutions spans trading, generation and supply. We offer integrated energy solutions including hydrogen, solar, wind and electric-vehicle charging at scale, while buying nature-based carbon credits and using technology to capture emissions from hard-to-abate sectors of the energy system. Today Shell has deployed or is developing more than 6 gigawatts of wind power generation capacity across North America, Europe, the UK and Asia, and in January 2022 Shell secured the seabed leases to develop up to 5 gigawatts of floating offshore wind in the ScotWind leasing round.

Shell’s target is to become a net-zero emissions energy business by 2050. For more information on our net-zero emissions customer-first strategy visit here.

About Inaccess

With a global presence, Inaccess is an innovative company providing centralized management solutions for Renewable Energy and Telecom infrastructure, mostly offered on a turn-key basis.

Inaccess is one of the largest independent solar SCADA leaders in the world with a cumulative portfolio of more than 30 GWp across more than 2500 sites and 57 countries. Our singular focus is to provide high-quality solutions to our clients (EPCs, O&Ms, Developers, and Funds) for better and effective management of their renewable assets.

Inaccess has the team capacity to implement the Plant SCADA system in many plants in parallel, allowing us to deliver several GWs in solar and storage projects annually around the world.

The Inaccess group is acknowledged as one of the leading independent monitoring providers for the utility-scale PV and Battery Storage segment globally. Inaccess has significant activity in wind, hybrid, mini-grid, and off-grid RES projects as well.