Catalyze, an integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets, has picked GreenSpark Solar, a prominent Engineering, Procurement, and Construction (EPC) company based in Rochester, NY, to construct 10 projects totaling 60 MW.
Additionally, it will support ongoing initiatives funded by $100 million in financing from NY Green Bank, aimed at advancing community solar projects across the state.
The New York State Energy Research and Development Authority (NYSERDA) will partially fund the community through the NY-Sun Program. The projects are slated to be completed between 2024 and mid 2025.
“We’re excited to expand our solar portfolio through this partnership with GreenSpark, which has been a leader in the New York renewable energy landscape for over two decades now,” said Jared Haines, CEO of Catalyze. “We look forward to sharing our mutual expertise to provide New Yorkers with affordable and reliable renewable electricity, regardless of geography or income.”
“Community solar is one of the best avenues to bring the energy transition to low-middle income communities—a movement that GreenSpark is incredibly passionate about,” said Kevin Schulte, CEO of GreenSpark Solar. “We are excited to support Catalyze’s success in bringing community solar projects online across New York and look forward to supporting them to bring this portfolio of solar projects to fruition, and in turn, bring more renewable energy to our communities.”