Sustainable energy project developer Catalyze has selected GreenSpark solar energy to build and develop 10 projects in New York with a total capacity of 60 MW.
The partnership will expand Catalyze’s community solar portfolio in New York, which currently includes the Amherst solar project and additional sites acquired through a recent transaction with BW solar energy. In addition, it will support ongoing initiatives funded with $100 million in funding NY Green Bankfocused on advancing community solar projects across the state.
The community solar projects will be funded in part by the New York State Energy Research and Development Authority (NYSERDA). NY-Sun program. This partnership will support New York’s deployment efforts 10 GW of distributed solar energy by 2030 and 70% renewable energy in electricity generation by 2030.
“We are excited to expand our solar portfolio through this partnership with GreenSpark, which has been a leader in New York’s renewable energy landscape for more than two decades,” 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 ways to bring the energy transition to lower-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 in New York and look forward to supporting them in bringing this portfolio of solar projects to fruition and in turn, more renewable energy to our communities.”
The expected delivery dates for these projects are 2024 to mid-2025.
News item from Catalyze
