Novasource acquires aerial solar inspections service Heliolytics

Solar Operations & Maintenance Supplier Novasource Power Services has acquired air inspections and location data provider Heliolytics.

“Our acquisition of Heliolytics creates greater economic value for customers by enabling high-fidelity problem detection, increasing asset energy yield. We are honored to join forces with the Heliolytics team,” said Troy Lauterbach, CEO of NovaSource Power Services.

Frequent collaborator Heliolytics has provided site inspection, site optimization and site analysis for more than 100 GW of solar projects worldwide. With the acquisition, Novasource aims to offer a range of life cycle services for the operation and maintenance of renewable energy.

“NovaSource is building an exciting platform to offer the next generation of solar lifecycle business,” said Rob Andrews, co-founder and CEO of Heliolytics. “We are excited to integrate with NovaSource as we both share the same vision of what the future of solar should be. Together we have the ability to accelerate that vision and scale our existing and new service offerings, while continue to offer our industry-leading third-party services to bring greater value to customers worldwide.”

NovaSource currently provides performance services to a portfolio of more than 18 GW renewable projects. Based in Toronto, Ontario, Canada, Heliolytics will continue to operate as a standalone entity and will retain the Heliolytics name, brand and staff.

News item from NovaSource Power Services

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