Solar Therapeutics Drives Sustainability Efforts with Fluence LEDs, Secures More than $1 Million in Rebates

With LED technology, America’s only energy-independent cannabis cultivation facility and dispensary decreases operating costs, invests in resource-efficient technologies

Fluence by OSRAM (Fluence), a leading global provider of energy-efficient LED lighting solutions for commercial cannabis and food production, and Solar Therapeutics (Solar), America’s only energy-independent cannabis dispensary, announced today that the companies’ collaborative LED implementation yielded more than $1 million in total rebates from National Grid, Solar’s local utility provider.

Located in Somerset, Massachusetts, Solar operates a 67,000-square-foot cultivation facility and dispensary supplying medical and recreational cannabis products. Led by chief executive officer Edward Dow, Solar is the only cannabis cultivator using green infrastructure and microgrid assets in the United States. Solar’s unique facility design lowers its energy profile by 40 percent and its microgrid assets reduce remaining emissions by nearly 60 percent. Solar’s microgrid generates approximately five megawatts of electricity—enough to power a small town—and its production architecture enables the facility to supply marijuana flower and marijuana-infused products throughout the entire state of Massachusetts. Dow has proven he can achieve even greater efficiencies through the company’s partnership with Fluence.

"The lack of unified sustainability practices and principles within the cannabis industry have created some major efficiency pain points that we all need to seriously consider," Dow said. "By leveraging Fluence’s LED technology, we were able to downsize our HVAC systems and invest the resulting savings into technologies that would allow us to achieve our long-term, sustainable facility design goals. Our partnership with Fluence has enabled us to bring this vision to reality and we can now redefine what it will take for the industry as a whole to become truly resource-efficient."

"The industry and our customers have spoken: Broad-spectrum LEDs are the preferred solution to achieve critical cost efficiencies and cultivation goals," said David Cohen, CEO of Fluence. "Cultivators who are implementing LED lighting solutions are optimizing energy costs, growing the most consistent plants and achieving unbeatable crop yields. Industry leaders like Solar Therapeutics are setting a new gold standard for sustainable cultivation practices, ensuring the cannabis industry thrives into the future."

Dow added that the movement for cannabis growers to adopt and benefit from sustainable, advanced cultivation solutions requires the comprehensive integration of a facility’s complex indoor systems. In conjunction with Fluence, Solar also employs urban-gro, Inc.’s (urban-gro)(NASDAQ:UGRO) experts in facility design and engineering to optimize the operation’s fertigation and watering systems.

"urban-gro is proud to support Solar Therapeutics in their vision and commitment to resource efficiency," said Brad Nattrass, CEO of urban-gro. "Solar's success in managing energy costs and consumption is a testament to the advantage that expert engineering design and equipment integration can have on facility operations. By focusing on the efficient interaction between plants, people and processes, Solar is effectively able to operate a consistently high-performing cultivation facility. We are pleased to work with our trusted industry partner, Fluence. The long-standing relationship between our companies has resulted in the design and start-up of some of the most advanced cultivation facilities across North America."

Through its partnerships with Fluence and urban-gro, Solar has secured more than $1 million in rebates from its local utility provider and was the first facility of its kind to secure an LED rebate with National Grid. The rebates will ultimately cover costs for the implementation and use of automatic lighting controls, new HVAC equipment and boilers, and free fluid chillers.

For more information on Solar, visit www.solarthera.com. For more information on Fluence and its rebate coordination services, visit www.fluence.science.

About Fluence by OSRAM
Fluence Bioengineering, Inc., a wholly-owned subsidiary of OSRAM, creates powerful and energy-efficient LED lighting solutions for commercial crop production and research applications. Fluence is a leading LED lighting supplier in the global cannabis market and is committed to enabling more efficient crop production with the world’s top vertical farms and greenhouse produce growers. Fluence global headquarters are based in Austin, Texas, with its EMEA headquarters in Rotterdam, Netherlands. For more information about Fluence, visit https://fluence.science.

About Solar Therapeutics
Based in Somerset, MA. Solar Therapeutics, Inc. (Solar) is a 67,000 square foot marijuana cultivation facility coupled with on-site and off-site dispensary storefronts that supply both medical and recreational cannabis products. Solar is organized as a MA. domestic for-profit corporation and has secured a Certificate of Registration from the MA. Cannabis Control Commission to operate in the Commonwealth. Solar is unlike any cannabis manufacturing facility in America. Its key differentiators are its production architecture, which is centered around the facility’s innovative design that utilizes green infrastructure and microgrid assets comprising a combination of solar arrays and high-efficiency combined-heat & power generation units. These green concepts enable Solar to produce sustainable cannabis both by lowering its overall energy profile as well as by generating all of its own clean power. While initial facility design lowered Solar’s energy profile by over 40%, the microgrid assets help to further reduce the remaining emissions by at least 60%, with a goal to offset completely. Learn more at www.solarthera.com.

About urban-gro, Inc.
urban-gro, Inc. (NASDAQ: UGRO) is a leading engineering design and services company focused on the commercial horticulture market. We engineer and design commercial Controlled Environment Agriculture ("CEA") facilities and then integrate complex environmental equipment systems into these high-performance facilities. Operating in the global market, our custom-tailored approach to design, procurement, and equipment integration provides a single point of accountability across all aspects of growing operations. Visit www.urban-gro.com to learn more.

Source: Fluence

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

JBD, a pioneering MicroLED display manufacturer, has set a new standard with its Phoenix series microdisplay, achieving an industry-record white-balanced brightness of 2 million nits. JBD’s Phoenix - Native Monolithic RGB Panel Leveragin... READ MORE

Veeco Instruments Inc. today announced that PlayNitride, an industry leader in MicroLED technology, has qualified Veeco’s Lumina® MOCVD system for production of next-generation MicroLEDs, and also placed an order for two systems for ... READ MORE