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CHANDLER, Ariz., July 23, 2025 /PRNewswire/ -- NovaSource Power Services ("NovaSource"), the world's largest solar operations and maintenance ("O&M") provider, has been selected by Equis as the long-term O&M partner for the Melbourne Renewable Energy Hub ("MREH"), a groundbreaking project set to become one of Australia's largest batteries and a key driver of the nation's clean energy transition.
MREH is uniquely positioned at the intersection of Victoria's critical transmission corridors and capable of supporting three major Renewable Energy Zones: Murray River, Western Victoria, and South Victoria. Developed in partnership between the Victorian government owned SEC, and Equis, when it comes online in late 2025, the project will provide 600 megawatts of capacity and 1.6 gigawatt hours of storage.
Upon completion, MREH will rank among the world's largest batteries with its 1.6 GWh total capacity. More than just an infrastructure project, MREH represents a key investment in Victoria's clean energy future, directly supporting the state's 2035 target of 95% renewable energy generation while setting new benchmarks for large-scale energy storage technology.
"Being chosen by Equis to support this transformative project reflects NovaSource's global leadership in asset optimization and utility-scale O&M," said Irfan Bharde, SVP & Chief Commercial Officer at NovaSource Power Services.
Ayssar Alsayed, NovaSource's Country Manager in Australia, added, "We're proud to bring our expertise in performance engineering, predictive analytics, and system maintenance to ensure the MREH delivers lasting value for Australia's energy future."
Under the agreement, NovaSource will provide comprehensive O&M services, including 24/7/365 performance monitoring, predictive maintenance, and specialized support for energy systems. These solutions will maximize system uptime, energy yield, and long-term asset performance for the MREH.
This partnership further expands NovaSource's growing footprint in APAC, reinforcing its role in advancing the region's renewable energy landscape. By combining cutting-edge digital solutions with deep industry expertise and field services, NovaSource continues to lead the charge in optimizing renewable assets and powering the global energy transition.
About NovaSource Power Services
NovaSource Power Services ("NovaSource"), a portfolio company of Clairvest Group Inc. ("Clairvest", TSX: CVG) and OMERS Private Equity, the private equity arm of OMERS, is the world's largest independent solar operations and maintenance ("O&M") provider, delivering excellence through data-driven strategies, innovative solutions, and a world-class culture of safety, integrity, and quality.
NovaSource's comprehensive approach to total asset optimization in addition to operations and maintenance includes value engineering, performance analysis, strategic supply chain management, and advanced monitoring systems. The company operates in key global markets and across most U.S. states managing over 30GW of solar power plants. NovaSource's expertise extends beyond solar and includes battery energy storage systems (BESS), offering a complete suite of services for the evolving renewable energy landscape. For more information about NovaSource Power Services, please visit www.novasourcepower.com or follow @NovaSourcePower on LinkedIn
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CHANDLER, Ariz., July 23, 2025 /PRNewswire/ -- NovaSource Power Services ("NovaSource"), the world's largest solar operations and maintenance ("O&M") provider, has been selected by Equis as the long-term O&M partner for the Melbourne Renewable Energy Hub ("MREH"), a groundbreaking project set to become one of Australia's largest batteries and a key driver of the nation's clean energy transition.
MREH is uniquely positioned at the intersection of Victoria's critical transmission corridors and capable of supporting three major Renewable Energy Zones: Murray River, Western Victoria, and South Victoria. Developed in partnership between the Victorian government owned SEC, and Equis, when it comes online in late 2025, the project will provide 600 megawatts of capacity and 1.6 gigawatt hours of storage.
Upon completion, MREH will rank among the world's largest batteries with its 1.6 GWh total capacity. More than just an infrastructure project, MREH represents a key investment in Victoria's clean energy future, directly supporting the state's 2035 target of 95% renewable energy generation while setting new benchmarks for large-scale energy storage technology.
"Being chosen by Equis to support this transformative project reflects NovaSource's global leadership in asset optimization and utility-scale O&M," said Irfan Bharde, SVP & Chief Commercial Officer at NovaSource Power Services.
Ayssar Alsayed, NovaSource's Country Manager in Australia, added, "We're proud to bring our expertise in performance engineering, predictive analytics, and system maintenance to ensure the MREH delivers lasting value for Australia's energy future."
Under the agreement, NovaSource will provide comprehensive O&M services, including 24/7/365 performance monitoring, predictive maintenance, and specialized support for energy systems. These solutions will maximize system uptime, energy yield, and long-term asset performance for the MREH.
This partnership further expands NovaSource's growing footprint in APAC, reinforcing its role in advancing the region's renewable energy landscape. By combining cutting-edge digital solutions with deep industry expertise and field services, NovaSource continues to lead the charge in optimizing renewable assets and powering the global energy transition.
About NovaSource Power Services
NovaSource Power Services ("NovaSource"), a portfolio company of Clairvest Group Inc. ("Clairvest", TSX: CVG) and OMERS Private Equity, the private equity arm of OMERS, is the world's largest independent solar operations and maintenance ("O&M") provider, delivering excellence through data-driven strategies, innovative solutions, and a world-class culture of safety, integrity, and quality.
NovaSource's comprehensive approach to total asset optimization in addition to operations and maintenance includes value engineering, performance analysis, strategic supply chain management, and advanced monitoring systems. The company operates in key global markets and across most U.S. states managing over 30GW of solar power plants. NovaSource's expertise extends beyond solar and includes battery energy storage systems (BESS), offering a complete suite of services for the evolving renewable energy landscape. For more information about NovaSource Power Services, please visit www.novasourcepower.com or follow @NovaSourcePower on LinkedIn
Photo - https://mma.prnasia.com/media2/2735389/NovaSource_MREH_AU.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/2601101/NovaSource_Logo.jpg?p=medium600
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
NovaSource Power Services Named O&M Partner for Landmark Melbourne Renewable Energy Hub in Australia
Over 15,000 visitors to the INCHEON–IFEZ Booth; IFEZ supported a record 50 innovation companies participating in CES 2026.
Participating companies secure a foundation for global expansion, including 20 MoU signings.
INCHEON, South Korea, Jan. 16, 2026 /PRNewswire/ -- The Incheon Free Economic Zone (IFEZ) announced the successful operation of the INCHEON–IFEZ Booth at CES 2026, presenting IFEZ's future-city vision and the technologies of Incheon-based innovators to a global audience.
Under the theme "Destination Incheon — From Smart City to AI City," the booth highlighted a sustainable urban future enabled by Incheon companies' innovations and drew more than 15,000 visitors, according to IFEZ.
During CES 2026, IFEZ also met with the Fairfax County Economic Development Authority (FCEDA) to discuss support measures and collaboration models for helping Incheon startups enter the U.S. market. The two sides plan to develop practical joint programs through continued cooperation.
IFEZ supported a record 50 companies at CES 2026 across multiple participation tracks, dividing them across various exhibition areas: 10 companies in the 'INCHEON-IFEZ' Booth at the Las Vegas Convention Center, 10 in the Korea pavilion (KOTRA) at the Eureka Park, 6 in the Global Pavilion, and 15 as the Incheon Startup Park Delegation and 10 Innovation Award showcase participants.
These companies achieved record-breaking results, conducting 1,419 business consultations with overseas buyers and investors, with the estimated value of export consultations reaching $560 million—more than 400 additional meetings compared to last year. In addition, nine companies signed 20 MOUs, building momentum for global expansion and investment opportunities.
Leadpoint System, a smart manufacturing and industrial automation solutions provider, signed an MOU with Webtronic Labs, a U.S.-based technology R&D company.
emCT, which specializes in fire detection and safety management solutions, signed an MOU with Texas Legacy Realty, a Texas-based real estate development and operations company, to pursue collaboration on applying fire safety and "safe zone" solutions in commercial and residential buildings.
Medicell Healthcare, a regenerative medicine and bio-healthcare solutions company, signed an MOU with the City of Phoenix, Arizona's largest city, and discussed cooperation on technology collaboration and local proof-of-concept initiatives in public healthcare.
IFEZ said 14 supported companies earned 17 CES Innovation Awards, the highest total to date for Incheon, drawing strong interest from global buyers and investors. Deep Fusion AI received a Best of Innovation honor for its radar-based sensor-fusion AI technology, gaining attention in next-generation autonomous driving and robotic perception.
Mayor Yoo Jeong-bok said the CES participation advanced the Incheon–IFEZ AI City vision on the global stage and pledged continued support to expand Incheon companies' international reach and strengthen Incheon as a global business hub.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
INCHEON-IFEZ Booth Wraps Up a Successful CES 2026, Recording $560M in Export Consultations and 17 Innovation Awards
