Technologies for performing non-intrusive fine-grained power monitoring of a datacenter are provided. Hardware component state information for servers in the datacenter is collected, along with aggregate power consumption measurements for the datacenter. The servers are grouped into multiple virtual homogenous server clusters (VHCs) based on characteristics of the servers. A power model is constructed comprising multiple power mapping functions associated with the multiple VHCs. Component state information of a particular server can then be analyzed, along with a corresponding aggregate power consumption measurement, using the constructed power model to determine an approximate power consumption of the particular server. The approximate power consumption of the server can then be displayed and/or provided to one or more power management applications.