Yokogawa Acquires BaxEnergy, a Provider of Renewable Energy Management Solutions

Author photo: Nobuaki Konishi
ByNobuaki Konishi
Category:
Acquisition or Partnership

Yokogawa Electric Corporation announces that it has acquired BaxEnergy, a leading provider of renewable energy management solutions (REMS). This acquisition will provide Yokogawa with a proven range of solutions that have already been adopted by major power companies throughout Europe. It will make these available to global energy asset owners, supported by consultation on implementation and after-sales services through its global network.

Renewable Energy Management

Power companies that operate wind, solar, hydro, geothermal, and other types of renewable power generation facilities need to ensure the profitability of these operations by maximizing the output of each asset and carrying out maintenance efficiently.

Established in 2010, BaxEnergy provides flexible and scalable REMS that can be implemented without the need for modifications to core IT and business systems. The solutions have the unique ability to integrate the management of a wide variety of renewable power generation facilities, and can analyze data from turbines, inverters, and other types of power generation equipment from many different manufacturers to improve power generation efficiency. The BaxEnergy solutions have demonstrated the ability to enhance plant availability by up to 10%. By integrating the management of data in a cloud environment, the solutions enable customers to view customized KPI and alarm information on all kinds of devices, including smartphones and tablets, giving them the information needed to promptly make decisions that will have a direct impact on revenues and capacity utilization.

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