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.
The community solar projects will be partially funded by the New York State Energy Research and Development Authority (NYSERDA) via the NY-Sun program. The 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.
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