Horizon L:TEC® trackers chosen for bankability and ability to deploy in extreme weather environments

PHOENIX--(BUSINESS WIRE)--Ideematec Inc., a leading provider of utility-scale solar tracking systems, today announced its partnership with Eco Engineering, LightEdison, and Source Renewables to develop 100 megawatts (MW) of utility-scale solar in New York using Ideematec’s Horizon L:TEC® solar tracking system.

The companies will first deploy a 25 MW portfolio of community solar projects in National Grid service territory that are registered under New York’s NY-Sun program. The program allows local businesses, homeowners and communities to choose clean energy and lower energy costs.

“Partnering with Ideematec’s expert team allows us to bring maximum overall portfolio value and support reliable, clean energy for New Yorkers,” said Osea Nelson, Partner at LightEdison. “We are drawn to the Horizon L:TEC®’s ability to withstand upstate New York’s extreme weather environments, streamlined installation process, and bankability. We’re also confident in the team at Ideematec, who recognizes the value of transparency and ongoing communication for a multi-sited portfolio of this size.”

“We are pleased to partner with this expert development and design-build team to advance clean energy adoption in New York. The flexible configuration and locking technology of our two-in-portrait (2P) tracker are an ideal combination for the demanding environments and challenging terrains in the Northeast,” said Philipp Klemm, CEO at Ideematec Inc. “Ideematec has shipped over 3.5GW of trackers worldwide and this expansive portfolio solidifies our standing in the North American market.”

Eco Engineering/LightEdison will lead the portfolio’s procurement efforts as a joint venture in partnership with Source Renewables, a clean energy development company.

About Ideematec, Inc.

Ideematec, Inc. is a trusted provider of utility-scale solar tracking systems, based in Phoenix, Arizona and backed by 12 years of global tracker expertise. The North American company pioneered the Horizon L:TEC® tracker which is powered by a patented decoupled drive technology and locked sprocket system. Along with safeTrack Horizon™, Ideematec offers both 1P and 2P, and capacity from 1 to 12 strings on one tracker. The company’s key innovations deliver unmatched durability, flexible design capabilities, and optimal power production. Ideematec, Inc.’s parent company, IDEEMATEC, has successfully delivered some of the largest solar facilities on three continents, including Australia (349 MW), Jordan (250 MW) and Spain (200 MW), and is actively developing the largest 2P solar project in Qatar (800 MW).

About Light Edison

LightEdison is a development services provider, development capital investor and EPC contractor with a focus on clean electricity infrastructure projects, including LED lighting, solar and energy storage. We deeply understand the legal, engineering, permitting, finance, construction and operation aspects of the projects we work on, and we are also a licensed electrical contractor in the states where we operate.

About Eco Engineering

For more than 25 years, Eco Engineering has helped its customers reduce operating costs through lower energy costs while playing a part in preserving the environment for generations to come. Eco Engineering is a national design build engineering firm which specializes in providing energy efficiency and renewable energy supply services across North America. The Company has completed thousands of projects for customers such as Adidas Group, AT&T, Johnson Controls, Kroger, Performance Services, Siemens among others. Visit www.ecoengineering.com for more information

About Source Renewables

Source Renewables is a vertically integrated renewable energy company focused on the development and financing of distributed solar generation and energy storage projects throughout New York. Bolstering Source Renewables mission is its sister, Source Power Company, a regulated Energy Service Company and Distributed Energy Resource Supplier. The combined entities pair retail energy supply with customer management for community distributed generation projects. This innovative approach is disrupting the energy industry by providing cost savings to retail energy customers while enhancing returns for its development partners. Source's unique and creative solutions will help New York meet its renewable energy goals to reduce the local effects of climate change and strengthen the communities it serves.

Media:
Ashley Fallon
Antenna Group
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