Catalyze Launches Standalone BESS in the Bronx and Expands Renewable Footprint Across US
Aug. 8, 2024
Independent power producer and developer Catalyze has launched its first standalone battery energy storage system (BESS) project in the Bronx borough of New York City.
The BESS includes four Tesla MegaPack batteries totaling 4.29 MW/8.58 MWh in capacity and is operational after 171 working days of construction time. The Catalyst BESS is designed to deliver electricity to the NYC grid and help it manage season demand peaks.
“This project represents Catalyze’s commitment to innovation, further expanding our expertise in BESS technology,” CEO Jared Haines said in a statement. “New York will require a host of renewable energy solutions to meet its ambitious climate goals, and we are proud to continue working with local officials to deploy renewable energy projects across the state.”
The New York State Energy Research and Development Authority provided incentives for financing the deal. Catalyze recently secured $100 million from the NY Green Bank.
The startup and distributed energy resource developer has completed two other statewide projects in Lancaster and Amherst in the past year.
Beyond New York, Catalyze also delivered a solar and battery storage system for the new 66 Galen Street office and laboratory complex in Watertown, Massachusetts. The 224,000-square-foot building’s on-site power also supports electric vehicle charging stations with 15 ports.
Catalyze owns and operates numerous projects that provide renewable energy to commercial and industrial customers, including Costco, Cathay Bank, Fox Studios, Blackstone, and Forever21.
Earlier this month, the developer announced it was working on a 3.8-MW Sheep Creek Community Solar Farm in Adelanto, California. Southern California Edison is contracting the project to deliver clean energy for residential and commercial accounts with 241 subscribers.