Through the partnership, Power Factors will supply on-site and remote monitoring and controls with Unity Supervisory Control and Data Acquisition (SCADA), a scalable and efficient management system, and Unity Power Plant Controller (PPC).
Optimising Renewable Energy Management Across BNZ’s Portfolio
This agreement enables BNZ to optimise its renewable energy management through real-time monitoring, enhanced performance, and seamless integration of multiple energy sources across its current and planned portfolio of renewable energy assets.
Deployment of Power Factors Technology Across Multiple Sites
Power Factors’ SCADA and PPC technology has been deployed across all six BNZ sites in Spain and Italy, totalling 174MW of installed assets. These projects, brought online over the last 10 months, are the first installations of Power Factors technology within BNZ’s portfolio. Collaboration between Power Factors and BNZ could continue on a wider range of planned solar PV assets across Europe, potentially bringing total management capacity above 1.7 GW as additional projects come online.
Streamlined Renewable Energy Management for Growth and Expansion
Choosing Power Factors streamlines development and asset management for BNZ, simplifying the oversight of its assets and unifying its fast-growing portfolio under a single technology. In doing so, the company also strengthens its broader goal of deploying an aggregated renewable energy portfolio across Europe.
Incorporating Battery Energy Storage Systems for Enhanced Stability
This successful collaboration also paves the way for BNZ to integrate battery energy storage system (BESS) technology, enabling the company to stabilise the supply of renewable energy and maximise revenue from its portfolio.
Commitment to Sustainable Renewable Energy Management
Julieann Esper Rainville, Chief Executive Officer at Power Factors, commented: “We have the utmost respect for the BNZ team, their visionary expansion strategy, and what they have already accomplished. Investing in lean operational processes and infrastructure is essential for BNZ to achieve its ambitious goals for growth. By partnering with Power Factors, BNZ is reducing complexity from the start, which will pay dividends time and again as the company executes on its strategy in the years ahead.”
Renewable Energy Management for the Future of Europe’s Clean Energy
Peter Karam, Operations Director at BNZ, said: "This agreement with Power Factors marks an important step in our commitment to delivering high-quality and efficient renewable energy solutions. As BNZ grows to meet our ambitious targets across Europe, we need the right technology partners to help simplify operations and maximise the performance of our assets. This is a great opportunity to do so alongside strategic partners who share our vision for a more sustainable future."
A Foundation for Long-Term Sustainability in Renewable Energy
As interest in clean energy accelerates, this collaboration lays the foundation for long-term sustainability across Europe and beyond. BNZ, part of the Nuveen Infrastructure portfolio managed through the Europe Clean Energy Fund III — one of Europe’s largest renewable energy investment funds — is clearly committed to continuing along this path and supporting the transition to renewable energy. The decision to partner with Power Factors, a key technology provider, will help bring this ambition closer to reality.
