NovaSource Acquires Toronto-Based Aerial Inspection and Site Data Provider – Heliolytics

Texas – NovaSource Power announced the acquisition of aerial inspection and site data service provider Heliolytics.

NovaSource says the acquisition complements its existing O&M portfolio and strengthens the company’s ability to provide lifecycle services in the renewable energy industry.

“The Heliolytics platform allows us to further extend the capabilities of our digital platform, creating a leading position in the market,” said Troy Lauterbach, CEO of NovaSource Power Services. “Our acquisition of Heliolytics creates increased economic value for customers by enabling high fidelity problem detection, thereby increasing the energy efficiency of assets. We are honored to partner with the Heliolytics team.

“NovaSource is building an exciting platform to deliver the next generation of solar lifecycle operations,” said Rob Andrews, CEO and Co-Founder of Heliolytics. “We are thrilled to be joining NovaSource as we both share a common vision for what the future of solar operations should look like. Together, we have the ability to accelerate this vision and expand our existing and new service offerings, while continuing to offer our industry-leading third-party services, to deliver more value to customers, globally.

Heliolytics, based in Toronto, Ontario, will continue to be a stand-alone entity and will retain the Heliolytics name, brand and staff.