NovaSource Power Services

Founded in 2020, NovaSource specializes in operations and maintenance for renewable energy assets. With over two decades of industry experience and managing 3.5 GW of projects, they strive to be the premier global provider, focusing on safety, integrity, and lasting partnerships.

Akshay Sagar

CEO and President

4 past transactions

First solar Australia - O&M assets

Acquisition in 2022
First solar Australiar provides the engineering, procurement, and construction (EPC) services, and operations and maintenance (O&M) Services.

Heliolytics

Acquisition in 2022
Heliolytics Inc. is a Canadian company based in Toronto that specializes in aerial inspection and analytics services for solar photovoltaic (PV) systems. Founded in 2014, Heliolytics employs proprietary aircraft-based sensors to capture high-definition infrared and visual images of solar installations. This technology allows the company to provide detailed maps of fault locations and definitions, facilitating the detection of current failures and the analysis of potential failure modes. Heliolytics offers a range of services including regular preventative maintenance scans, reactive troubleshooting scans, commissioning or asset transfer services, and portfolio analysis and reporting. Their clientele includes system owners, engineering, procurement and construction (EPC) contractors, insurance providers, and independent engineers, all seeking to enhance the performance and management of renewable power assets.

BALIAN Energy

Acquisition in 2021
BALIAN Energy is a service operation company based in Lyon, France, specializing in renewable energy, particularly photovoltaics. The company offers a comprehensive range of services including project commissioning, performance optimization, training, and consulting, aimed at enhancing the efficiency of solar power initiatives. By collaborating closely with clients, BALIAN Energy focuses on improving processes, reducing costs, and ensuring that customer requirements are met effectively. Its expertise spans from the initial phases of project design and engineering to project management and construction monitoring, allowing it to deliver high-quality and cost-effective solutions tailored to the specific needs of each project.

SunSystem Technology

Acquisition in 2021
SunSystem Technology is a California-based company specializing in solar operations and maintenance (O&M) and asset management services. With extensive experience in post-installation photovoltaic (PV) services, the company focuses on ensuring optimal financial performance for both individual solar sites and entire portfolios of solar assets. SunSystem Technology offers a comprehensive range of services, including installation, system monitoring, analysis, repair, and upgrades for large-scale solar arrays as well as residential systems. By leveraging a deep understanding of the technical factors that influence PV operations, the company strives to minimize downtime and enhance production values, positioning itself as a leader in the solar O&M sector for both residential and commercial applications.
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