September 22, 2025
This edition of Projects Weekly emphasizes various new solar projects in development in the United States and Canada, plus a healthy dose of financing news. We start with news from Catalyze, which collaborated with CS Energy to develop 27 MW of distributed solar projects in New York. In addition, PowerBank is expected to soon receive interconnection results on three community projects for the community in Nova Scotia, while the company has also protected all the required municipal approvals for two Brownfield solar projects in Skaneateles, New York.
In the field of financing front, Macquarie Asset Management has promised $ 350 million to support the expansion of Nexamp’s utility scale on solar energy and battery storage in the United States; And Soluna has obtained $ 100 million from the generation of capital to expand green data centers.
Finally, air conditioning manufacturer Daikin Engie tapped to promote the Unified Solar Power strategy of the company in Texas.
Catalyze Has completed four community projects in the community in Central and West York. Developed in collaboration with CS EnergyThe 27 MW of Zonne energy contributes to the robust footprint of Catalyze, which helps the state to install its goal to install 6 GW distributed solar energy rather than schedule.
The projects have used standardized design, a consistent stretching system and trusted subcontractor relationships, so that the catalysation and CS energy teams can accelerate and bring electricity to online. At the same time, construction access and laydown areas were carefully managed, so that agricultural land could return to its existing condition, allowing landowners to continue to agriculture outside the solar panels. These four completed sites represent the first half of an eight project collaboration between catalyst and CS energy. The remaining projects, in total more than 25 MW, are planned for completion of the following year.
Cool factor: The four projects – located in Pavilion, Phelps, Fonda and Fabius, New Yrok – are designed to seamlessly integrate with the local grid and built with the prevailing wage work, in support of both reliability and development of the workforce of clean energy. The installations were supported by New York State programs, including the Inclusive Community -Sonne -Adder and the Community AdderThey help to ensure reliable energy access to subscribers with low to moderate income (LMI) and disadvantaged communities.
“This milestone is about more than megawatts, it’s about taking action,” said Andrew d’Amico, Chief Operating Officer at Catalyze. “We see companies moving rapidly to enclose the long-term benefits and cost benefits of solar energy, while federal tax credits are still present, with states that offer stimuli that are designed to expand access.”
The timing of these projects emphasizes the importance of acting rapidly to secure federal tax stimuli. The current tax credits for solar investment cover 30% of the project costs, with potential bonuses of 10% for domestic content and another 10% for projects in designated energy communities.
Powerbank is making progress on solar projects in Nova Scotia and New York
Powerbank Corp. Expectations receive interconnection results within the next 30 days for three community projects for the community in Nova Scotia, Plus the company has protected all required municipal approvals for two Brownfield Zonne developments in Skaneateles, New York.
The three projects in Nova Scotia, located in Sydney, Brooklyn and West Petpeswick, are owned by AI Renewable Flow-through Fund and Powerbank is the main developer and builder. If the interconnection results are positive and the projects are financially feasible, the Powerbank expects to start construction in the spring of 2026. Powerbank will collaborate with the local Nova Scotia engineering firm, Trimac Engineering, to deliver the projects. During the life of the projects, they will generate to a combined $ 6.95 million in electricity savings for the local communities.
The two projects in New York are located at Industrial Brownfield locations in Skaneateles, in the Finger Lakes region in the State in Onondaga County. The projects have protected all required municipal approvals, including deviations, approval of the site plan and permit for special use. The projects will now pursue the approval of the NY Department of Environmental Conservation to enter the construction.
Cool factor: The Canadian federal government and the province of Nova Scotia support a community of the community, with a number of incentives, including the Smart Renewables and Electification Pathways Program (SREPS), native Clean Energy Stream and the program with low carbon communities.
After receiving the required permits and financing for the two new projects, Powerbank plan to start construction. Once completed, each of the sites is operated as a community solar project.
Macquarie Asset Management commits $ 350 million to support Nexamp projects
Macquarie Asset Management has facilitated $ 350 million in long -term financing Nexamp Inc. To support the construction of the first utility scale on solar energy and battery storage projects on utility scale.
“We believe that this relationship will enable the team to quickly achieve success in the energy transition market on Nuts scale,” said Harlan Cherniak, head of the Americas infrastructure debt at Macquarie Asset Management. “Because of this $ 350 million facility, we will continue to solidify our credit and insurance division as a world leader in the infrastructure and assets-based credit market.”
In a separate transaction, Nexamp has increased additional development capital from Nomura to promote the development of project for earlier phase and to support its robust national pipeline of opportunities on utility scale.
Cool factor: The financing of Macquarie will promote the construction of more than 1 GWAC of solar and storage projects in the Miso, Ercot and Nyiso markets with a great deal of application in the context of the fastest regions of Nomura in Miso, Ercot and Nyiso markets. The long -term expertise of Nexamp in the development of the Greenfield of commercially distributed generation activa will complement the successful development of new projects in the field of utilities.
“These financing, secured by two world-class partners, ensure that Nexamp can both supply the construction of solar energy and storage in the field of utility scale and invest in the development feeding plain that will provide the next phase of electricity,” said Zaid Ashai, chairman and CEO of Nexamp. “This is about building a sustainable platform that meets the rising demand of the country for easy to deplete, more affordable energy.”
Soluna secures $ 100 million to expand green data centers
Soluna Holdings Inc. is closed on a scalable credit facility for an amount of a maximum of $ 100 million from Capital. The initial draw of $ 12.6 million will finance refinancing and the construction of active data center projects, with extra capital support for Solunas 1 GW and expanding pipeline.
“We believe that this deal with the generation of Primes Soluna for scale,” said John Belizaire, CEO of Soluna. “We are not only growing our current projects, we are building new, where wasted renewable energy can also be converted into valuable high -performance computing. This deal reflects a different kind of infrastructure financing, aimed at capital efficiency, modular growth, and disciplined execution.
Cool factor: This financing follows more than $ 30 million in financing that was previously collected in 2025 Galaxy Digital” Spring Lane CapitalAnd A recent public offer. The new agreement also adds Momentum to Soluna’s Implementation Route Card, because the recent addition of 150 MW Projects Gladys and 100 MW Fei the company past 1 gigawatt of renewable computer capacity.
This milestone builds on the recent expansion of 48 MW underway at Project Dorothy 2 and the start of the construction of the Kati 1 project. Soluna is also planning to extend its computer offer to Bitcoin -my -building to include AI workload, which reflects the growing demand for green computing in various industries.
Daikin selects Engie to promote the uniform solar strategy in Texas
Air conditioning manufacturer Daikin has signed an agreement of five years with ENGIE NORTH -DAMERIA To provide all facilities in Texas of the company with 100% renewable electricity, including the Daikin Texas Technology Park (DTTP), the home base of the largest production site and North American head office.
“This initiative represents an important step forward in coordinating our activities with Daikin’s long -term objectives in the long term,” said Mike Knights, Senior VP of Purchasing at Daikin. “By working together with Engie, a world leader in the energy transition, we ensure clean electricity for our activities in Texas and at the same time strengthen our goals for environmental responsibility. The initiative facilitates a transparent, traceable link between operational energy consumption and a certified renewable energy gourm.”
Cool factor: According to the agreement, Daikin will involve renewable electricity of the Impact Solar Project in Noord -Texas, which is owned and is operated by a third party and has been in commercial operation since 2021. This relationship brings Daikin closer to his goal of making the DTTP a net zero factory in 2030 and supports the worldwide environmental vision of the company 2050.
This milestone builds on the recent installation of Daikin of a solar array at DTTP, which drives the Central Chiller factory of the facility and supports the integration of the grid. Together, these efforts reflect a broader strategy formed by a two -year collaboration with Forefront Power to evaluate energy consumption, sustainability goals and purchasing planning. The result is a future-oriented approach that promotes Daikin’s environmental goals and at the same time strengthens its leadership in sustainable production and business responsibility within the HVAC industry.
Tags: commercial and industrial, community solar, data centers, energy storage, financing, projects weekly, utility scale
