Catalyze, an independent power producer (IPP) and integrated developer of distributed renewable energy assets, is collaborating with GreenSpark Solar, an engineering, procurement and construction (EPC) company based in Rochester, NY, to build ten projects totaling 60 MW of community solar.
This partnership will expand Catalyze’s portfolio in New York, including sites such as the Amherst solar project and others acquired via a recent transaction with BW Solar.
State funding and support
The community solar projects will be partially funded by the New York State Energy Research and Development Authority (NYSERDA) via the NY-Sun program.
This partnership will contribute to the state’s initiatives to install 10 GW of distributed solar by 2030 and achieve 70% renewable energy in electricity generation by 2030.
In addition, $100 million in funding from NY Green Bank will support these community projects.
Local Objectives and Impacts
Catalyze CEO Jared Haines expresses his enthusiasm for this partnership with GreenSpark, a major player in renewable energy in New York for over twenty years.
He stresses the importance of providing affordable and reliable renewable electricity to New Yorkers, regardless of their location or income.
Kevin Schulte, CEO of GreenSpark Solar, shares this commitment to the energy transition, particularly in low- and middle-income communities.
Timetable and outlook
The projects are scheduled for completion between 2024 and mid-2025.
This collaboration strengthens the state’s renewable energy infrastructure and encourages community participation and affordability of clean energy.
The conclusion of this agreement marks a crucial step towards achieving New York’s climate goals, and highlights the importance of strategic partnerships in the renewable energy sector.
As demand for sustainable energy solutions continues to grow, such collaborations play a key role in ensuring a resilient and equitable energy future.
