Yokogawa Electric Corp. 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.
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 maximising 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…
