Leading the Way in Decarbonizing Cold Storage 8 Apr 2025, 5:44 pm

The Energy Challenge in Cold Storage

Cold storage facilities play a vital role in the global supply chain, ensuring the viability of food, pharmaceuticals and other temperature-sensitive products. However, this sector is among the most energy-intensive–with high electricity costs remaining a challenge for operators running refrigerated warehouses, where refrigeration accounts for up to 70% of total energy use.

Cold storage facilities use approximately 25 kWh of energy per square foot for cooling costs annually, making them four to five times more energy-intensive than standard commercial buildings. With thousands of metric tons of CO₂ emissions per facility per year, decarbonization is now a key priority for operators looking to reduce costs, improve resilience and meet evolving sustainability standards and customer expectations.

The Growing Market and Need for Energy Resilience

• The global cold storage market is experiencing rapid growth, driven by activities such as e-commerce grocery delivery, increased food demand and pharmaceutical supply chain expansion.
• As demand for temperature-controlled storage rises, so do energy costs, making energy-efficient solutions critical for profitability.
• Power outages have become more frequent, costing the U.S. economy an estimated $150 billion annually. With cold storage operators facing millions in potential losses per event, energy resilience is no longer a luxury—it’s a necessity.

How Cold Storage Operators Are Reducing Carbon Emissions

To address these challenges, industry leaders are implementing renewable energy and efficiency solutions that reduce emissions while maintaining operational reliability. The most effective strategies include:

On-Site Renewable Energy

Solar energy is an increasingly viable solution for cold storage operators looking to offset high electricity consumption. Installing a solar panel warehouse setup reduces reliance on the grid, helping cold storage operators cut costs while maintaining energy security. Catalyze has exclusively partnered with the largest cold storage company operating in the US to develop and implement a portfolio wide onsite solar program. We have over 70 MW in operation and late-stage development which will collectively deliver 52 tons of C02 savings annually. An example of one of the successful projects now in operation is featured in the case study below: Catalyze Case Study – Jessup Cold Storage Solar Project.

Catalyze’s Jessup Cold Storage Solar Project in Maryland exemplifies how solar cold storage solutions can support energy-intensive facilities. The 268,000-square-foot cold storage facility expects to generate over 2.5 million kWh of renewable energy annually, significantly reducing costs and carbon footprint.

• This project demonstrates how solar solutions can be integrated into energy-intensive operations without disrupting daily workflows. Additionally, the Jessup project benefits from Maryland solar energy incentives for cold storage, making it a financially viable and sustainable solution for the facility.
• The facility benefits from predictable energy costs, ensuring long-term savings and emissions reductions.
• Lessons from Jessup: More cold storage operators can use solar incentives to reduce reliance on fossil fuels and volatile energy markets.

Solar + Battery Storage for Peak Demand Management

Locations investing in industrial solar battery storage enhance solar benefits by storing excess energy for use during peak demand periods, reducing grid strain and improving energy resilience against power disruptions.

• Facilities participating in demand response programs can receive incentives of up to $100 per kW annually by adjusting power use during peak times.
• In states like California and New York, some facilities have cut peak electricity costs by 30-50% by leveraging storage.

Grid-Interactive Solutions

With the rise of commercial solar and energy storage, operators can balance their loads and contribute to grid stability while cutting energy costs.

How Cold Storage Operators Can Monetize Energy

• Incentives in California and New York offer up to $0.20 per kWh for solar-plus-storage projects, accelerating ROI and reducing operational expenses.
• Some facilities return excess energy to the grid, turning sustainability efforts into additional revenue streams.
• Demand response programs reward operators for shifting energy loads, making grid participation financially beneficial.

Catalyze is helping our cold storage clients identify opportunities to integrate battery energy storage systems into their facilities to help offset high demand charges, generate additional revenue and enhance the resiliency of their facilities.

Catalyze’s Role in Cold Storage Decarbonization

Catalyze is taking a leading role in developing onsite renewable energy projects partnering with the (3) largest cold storage companies operating in the US. We are deploying tailored renewable energy solutions, providing financing, development and long-term asset management of solar and battery storage systems.

What Makes Catalyze Different?

Through its   model, Catalyze enables facilities to implement solar and storage projects with no upfront costs, reducing operational expenses while advancing sustainability commitments.

• Turnkey Project Development: From site assessment to installation and maintenance, Catalyze handles the entire solar and storage implementation process.
• Financial Accessibility: Catalyze offers zero upfront cost options, making renewable energy adoption financially feasible for all operators.
• Scalability: Whether operating a single cold storage facility or an entire network, Catalyze creates scalable solutions tailored to specific energy demands.

The Future of Sustainable Cold Storage

Cold storage is at a turning point. As corporate sustainability commitments grow, cold storage operators must act now to future-proof operations while reducing emissions. Industry leaders such as Lineage Logistics, Americold Logistics, and United States Cold Storage have committed to reducing greenhouse gas emissions, reflecting the urgency for decarbonization.

Forward-thinking operators are proving that sustainability and operational excellence go hand in hand. Decarbonization isn’t just a possibility with the right strategies; it’s a competitive advantage.

Interested in learning more about how Catalyze can support your cold storage decarbonization strategy? Contact us today.

Catalyze’s 66 Galen Project Recognized as a Top Project of the Year by Environment + Energy Leader 1 Apr 2025, 2:00 pm

HOUSTON, TX – (April 1, 2025) – Catalyze, a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets, announced that its 66 Galen project has been named a Top Project of the Year in the Environmental Impact category by the 2025 Environment + Energy (E+E) Leader Awards Program.

Catalyze has received recognition from the E+E Leader Awards for three consecutive years. The company previously won a Top Project of the Year award for its Amherst Community Solar Farm in 2024 and a Top Product of the Year award in 2023 for its integrated platform, REenergyze®.

66 Galen is a state-of-the-art life science facility in Watertown, MA, jointly owned by Davis and Boston Development Group (BDG), featuring modern, purpose-built offices and laboratories. Catalyze enhanced the facility by installing 252 kWdc of rooftop-mounted solar panels, a 125 kW energy storage system, and 15 EV charging ports on-site. These clean energy installations support the building’s LEED Gold certification and reflect a long-term commitment to sustainability. The building’s features also help support the local Watertown community and address the growing demand for renewable energy in commercial real estate.

“66 Galen demonstrates how commercial real estate can lead in sustainability by integrating renewable energy solutions,” said Jared Haines, CEO of Catalyze. “This project sets a new benchmark for sustainable development, showing how clean energy infrastructure attracts forward-thinking businesses while driving decarbonization.”

The project stands out for its innovative integration of solar energy, battery storage, and EV charging infrastructure. By co-locating these technologies, the building optimizes energy generation and storage while meeting the evolving needs of commercial tenants with strong Environmental, Social, and Governance (ESG) commitments. 66 Galen reinforces Watertown’s reputation as a leader in sustainable real estate, benefiting both local businesses and residents.

“The 66 Galen project exemplifies the future of sustainable real estate, seamlessly integrating renewable energy solutions with cutting-edge life science infrastructure,” shared one of the award judges. “By prioritizing solar power, battery storage, and EV charging, Catalyze has met ambitious climate goals and set a new standard for environmentally conscious development.”

Catalyze Secures $400 Million Financing from ATLAS SP Partners to Support Distributed Energy Portfolio 14 Mar 2025, 3:17 pm

Multiyear Debt Warehouse Facility to Fuel Catalyze’s Expanding Project Pipeline

HOUSTON – (March 14, 2025) – Catalyze, a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets, today announced it has secured a $400 million multiyear debt facility from ATLAS SP Partners (“ATLAS”), the warehouse finance and securitized products business majority owned by Apollo funds. The financing will support the construction and aggregation of Catalyze’s growing portfolio of commercial and industrial, community solar, and battery storage projects across the United States.

The facility is designed to provide Catalyze with flexibility in its growth plans while streamlining financing for future projects. ATLAS’ financing will help support Catalyze’s growing project portfolio, currently consisting of 300 MWs in operations and construction with 1 GW+ of additional investment opportunity from its growing project development pipeline.

“This facility is a critical milestone for Catalyze in our strategy to scale distributed renewable energy solutions for businesses and communities across the United States and will enable us to double in size by the end of the year, reaching 300MW in operation,” said Jared Haines, CEO of Catalyze. “ATLAS’ deep expertise in the distributed generation sector made them an ideal partner. We look forward to building on our partnership to help meet the increasing demand for renewable energy solutions.”

“At ATLAS, we are proud to support Catalyze as they continue to lead in distributed energy project development,” said Can Baysan, Managing Director at ATLAS. “With our extensive experience in solar asset-backed financings, we were able to provide Catalyze with added flexibility that will help them execute on their expansion goals.”

Catalyze’s private equity sponsors, EnCap Investments and Actis, continue to support the company’s growth strategy as it scales its renewable energy offerings.

About Catalyze

Catalyze is a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets. By combining its proprietary technology, financial strength, and expertise in rooftop solar, community solar, and batteries, it delivers standardized, yet configurable systems that meet their partners’ unique needs. These offerings enable commercial and industrial property owners, operating companies, and their customers to extract greater value from their assets, take increased responsibility and ownership of their energy profile, and ultimately become part of the clean energy transition. Catalyze owns a proprietary technology, REenergyze®, an origination-to-operations software integration platform that helps accelerate and scale the nationwide adoption of commercial and industrial solar and storage. To learn more, visit www.catalyze.com.

About ATLAS SP

ATLAS SP is a global investment firm providing stable capital, financing, advisory and institutional products to market participants seeking innovative and bespoke structured credit and asset backed solutions. We’re proud to build upon a legacy of client excellence that includes certainty of execution, deep expertise and full-service capabilities across the asset management landscape. For more information, visit www.atlas-sp.com.

About EnCap

Since 1988, EnCap Investments has been a leading provider of growth capital to the independent sector of the U.S. energy industry. The firm has raised 25 institutional investment funds totaling approximately $47 billion and currently manages capital on behalf of more than 350 U.S. and international investors. Founded in 2019, the EnCap Energy Transition platform is led by its three Managing Partners, each with 30-35 years of experience in the development and operations of renewables and power generation. For more information, please visit www.encapinvestments.com.

About Actis 

Actis is a leading global investor in sustainable infrastructure, seeking to deliver measurable positive impact for the countries, cities and communities in which it operates. Actis invests in structural themes that aim to support long-term, equitable growth in defensive, critical infrastructure across energy transition, digitalisation transition, and supply chain transformation.

Actis believes that the firm’s decades of global experience, operational know-how and strong culture allow it to create global sustainability leaders at scale. Actis is a signatory to the Principles for Responsible Investment (PRI), an investor initiative supported by the United Nations. You can learn more about Actis at www.act.is.

Media Contacts
Catalyze
Carlos Villacis
Antenna Group for Catalyze
catalyze@antennagroup.com

ATLAS SP
(212) 355-4449
atlas-sp@joelefrank.com

Community Solar in Urban Environments 21 Feb 2025, 8:32 pm

On the latest Currents podcast, Catalyze CEO Jared Haines joins Norton Rose Fulbright’s Todd Alexander to discuss Catalyze’s approach to community solar development and its success in the New York market. Jared shares insights on Catalyze’s unique approach to project origination, navigating permitting challenges, financing strategies, and helping customers achieve cost reduction and ESG goals.

Tune in to learn how Catalyze is scaling distributed generation and accelerating the clean energy transition.

Listen to the full podcast here.

Empowering Maryland Businesses: Community Solar Benefits 27 Jan 2025, 3:30 pm

Maryland’s Uncapped Solar Program: A Revenue-Generating Opportunity for Businesses

Maryland is redefining the solar energy landscape, becoming a premier destination for businesses seeking front-of-the-meter (FTM) solar opportunities. With uncapped solar programs and bold renewable energy policies, Maryland offers a unique and accessible pathway for commercial property owners to turn unused spaces into reliable revenue streams. Unlike states such as  New Jersey and  Illinois, where solar programs are capped and highly competitive, Maryland’s open framework provides unparalleled opportunities for businesses to lead in clean energy adoption.

Community solar, a key component of Maryland’s clean energy initiatives, enables businesses and residents to benefit from solar energy without owning or maintaining individual systems. Through this model, hosting companies play a critical role by leasing their rooftops or land for PV system installation, receiving lease payments in return. This approach expands access to renewable energy while providing predictable revenue streams for property owners.

Anchored by the state’s ambitious Renewable Portfolio Standard (RPS), which targets 50% renewable energy by 2030, Maryland’s community solar initiatives go beyond sustainability—they offer tangible financial benefits. These programs unlock the potential for predictable, long-term income for commercial property owners while showcasing their leadership in the energy transition. By capitalizing on Maryland’s forward-thinking approach, businesses can align their operations with cutting-edge energy solutions, secure competitive advantages, and contribute meaningfully to a greener future.

Monetizing Unused Space While Elevating Sustainability and Property Value

Maryland’s FTM solar programs allow commercial property owners to unlock financial opportunities while meeting corporate sustainability goals. By hosting photovoltaic (PV) systems on underutilized spaces – such as expansive warehouse rooftops or vacant land – businesses can generate consistent income streams and improve their property’s net operating income (NOI). Lease payments can reach up to $100,000 per megawatt per year, making Maryland’s uncapped solar programs lucrative for generating revenue without operational investment.

In addition to financial benefits, hosting FTM solar systems enhances property value by improving cap rates and increasing investor appeal. These programs also help participants meet Scope 3 emission reduction targets, reinforcing their ESG commitments and positioning them as leaders in the energy transition. Companies enhancing their operations with renewable energy strengthen their competitive edge and boost their brand equity, showcasing their dedication to profitability and sustainability.

By monetizing unused spaces and embracing clean energy, Maryland businesses can achieve holistic benefits, securing long-term growth and environmental impact.

The Business Case for Maryland’s FTM Solar Program

Unlocking Predictable Revenue Streams

Community solar is on a strong growth trajectory nationwide, with states like New York and Illinois contributing significantly to the expansion of installed capacity. Maryland’s uncapped FTM solar program provides a unique opportunity to replicate and surpass these successes. By incentivizing solar adoption and optimizing underutilized rooftops and land, Maryland can further elevate its position as a leader in renewable energy. The projected growth of community solar, as illustrated in the chart, underscores the scalability and impact of these programs in driving a sustainable energy transition.

This straightforward and scalable program allows businesses to monetize their space while benefiting from stable, contracted income over time. Maryland’s program delivers financial predictability and growth potential for property owners seeking ways to maximize their assets.

Advancing Corporate Sustainability Leadership

Above all, Maryland’s FTM solar program delivers more than just financial rewards—it provides a strategic pathway for businesses to lead corporate sustainability. By hosting solar systems, companies actively contribute to renewable energy generation, significantly reducing Scope 2 emissions when the energy is used for their operations, or Scope 3 emissions when the energy supports their broader supply chain. This dual impact helps companies meet environmental commitments while advancing their standing as leaders in renewable energy.

Aligning with renewable energy goals through Maryland’s program demonstrates a company’s ability to balance profitability with purpose. It enhances ESG performance, strengthens brand equity, and sends a clear message to stakeholders: this is an organization committed to innovation, resilience, and meaningful environmental impact. Hosting FTM Solar isn’t just a compliance move—it’s a bold leadership statement in a rapidly evolving market.

How Catalyze Empowers Businesses to Lead in Solar Adoption

Simplifying the Transition to Solar

Transitioning to solar doesn’t have to be complicated—Catalyze ensures it’s  seamless, stress-free, and impactful. From initial planning to ongoing maintenance, Catalyze takes care of every step, allowing businesses to focus on their operations while reaping the rewards of solar energy.

With Catalyze’s turnkey approach, Maryland businesses can unlock the full potential of their properties without worrying about the complexities of solar development. Whether securing financing, navigating incentives, or managing construction, Catalyze’s team handles it all with precision and expertise. The result? Predictable income streams, enhanced property value, and a significant step forward in achieving sustainability goals.

Tailored Solutions for Commercial Property Owners

Catalyze partners with Maryland businesses to transform underutilized rooftops and land into consistent revenue streams. With a deep understanding of Maryland’s solar programs, we design custom solutions that maximize lease income, boost property value, and align with sustainability goals—all while minimizing complexity for property owners.

We take a hands-on approach, ensuring every project is optimized to meet business objectives. From crafting high-value lease agreements to navigating program incentives, the team makes hosting solar systems straightforward and rewarding. Businesses can trust Catalyze to unlock the full potential of their properties while staying ahead in the energy transition.

Proven Leadership in Driving Energy Transition

Catalyze has a track record of empowering businesses to turn sustainability ambitions into tangible success stories. Our projects not only deliver measurable financial returns but also enable companies to meet and exceed their ESG targets, setting the standard for leadership in renewable energy.

By seamlessly aligning solar solutions with corporate sustainability goals, we help businesses elevate their brand equity, positioning them as innovators in the clean energy transition. Maryland businesses can trust Catalyze to deliver transformative results, reducing emissions, driving long-term profitability, and enhancing their competitive edge in an evolving market.

With Catalyze as a partner, businesses don’t just adopt renewable energy—they lead the way, redefining what’s possible for their industry and communities.

Conclusion

Maryland’s uncapped FTM Solar program offers businesses an unmatched opportunity to monetize unused space, generate consistent income, and enhance sustainability. Catalyze’s proven expertise in developing tailored solar solutions ensures that property owners can maximize returns while making a meaningful contribution to renewable energy goals.

2024 in Review: Advancing Clean Energy Solutions One Project at a Time 7 Jan 2025, 2:53 pm

Looking back at 2024, Catalyze is proud to reflect on a year of significant progress. From 19 new projects to 132 MWs of renewable energy capacity deployed, our efforts have driven meaningful impact, preventing 97.8 tons of carbon emissions from entering the atmosphere. This expansion of community solar and commercial and industrial (C&I) solar+storage offerings demonstrates our commitment to helping businesses and homeowners participate in the energy transition, reducing their carbon footprint and utility costs.

C&I Leadership and Property Value Enhancement
Our leadership in the C&I sector was exemplified at 66 Galen, a LEED Gold-certified life science building in Watertown, Massachusetts. We deployed solar, storage, and EV charging solutions to build on the facility’s existing sustainability features, which included high-efficiency lighting and advanced water conservation systems. Aligning with Watertown’s Climate and Energy Plan, 66 Galen was recognized by the Solar Builder Awards, highlighting our expertise in delivering onsite renewable power to commercial properties.

These efforts not only demonstrate our technical expertise but also underscore the value of sustainable energy solutions in the C&I space. Through the integration of clean energy systems, property owners can enhance tenant satisfaction by offering reduced energy costs and access to ESG-aligned amenities. Additionally, projects like 66 Galen exemplify how renewable energy solutions support long-term goals for operational efficiency and environmental stewardship, aligning with broader community and regulatory goals.

Cost Savings and ESG Advancements through Partnerships
Through our partnership with Cushman & Wakefield, we are identifying C&I assets across the country where we can deploy renewable energy to reduce operational costs and support tenants’ ESG priorities. Together, we are helping property managers across the country unlock new revenue streams by monetizing unused rooftop and parking lot space for solar installations. These projects deliver measurable cost savings on utility bills, while positioning properties as leaders in sustainable amenities that resonate with tenants and investors alike.

Community Solar: Shared Benefits for Businesses and Households
2024 also saw continued momentum in community solar, particularly in New York. Early in the year, our Amherst Community Solar Farm, which serves over 1,300 low- and moderate-income households, was named Project of the Year in the Environmental Impact category by the Environment+Energy Leader Awards. In May, our expertise in this space was further validated by a $100 million financing agreement with NY Green Bank, a division of NYSERDA, to support a 79 MW portfolio of community distributed generation (CDG) solar projects across the state. This initiative ensures substantial benefits for disadvantaged communities and advances New York’s goals of achieving 6 GW of distributed solar by 2025 and 10 GW by 2030.

Our community solar projects deliver dual benefits:

• For businesses: A scalable way to demonstrate commitment to sustainability by supporting renewable energy initiatives that directly benefit local communities.
• For households: Significant utility cost reductions, particularly for low- and moderate-income families, while providing an opportunity to participate in the clean energy transition.

Maximizing Efficiency with Storage Solutions
We also expanded our New York footprint with the launch of our first standalone Battery Energy Storage System (BESS) project in New York City. With the addition of BESS in New York, we’re helping customers manage energy demand more efficiently, reduce reliance on peak grid power, and stabilize costs—all critical in markets with high energy variability.

Looking Ahead
As we enter 2025, we are deeply grateful for our partnerships and collaboration across the private and public sectors. In the new year, we look forward to entering new markets to meet the growing demand for renewable energy, and we cannot wait to share more about our plans in the coming months.

To stay updated on the latest clean energy solutions for your properties or communities—sign up for our newsletter HERE and join the energy transition!

Discover the Power of Community Solar 11 Dec 2024, 5:07 pm

In Episode 263 of The Green Insider podcast by eRENEWABLE, Catalyze CEO Jared Haines joins host Mike Nemer to dive into the transformative concept of community solar. Jared explains how this innovative model enables individuals to access affordable, green energy without needing solar panels on their own property. From connecting to utility grids and offering discounted energy rates to discussing state-led incentives like those from NYSERDA, this episode explores the growing impact of community solar across states like New York, Pennsylvania, Virginia, and California.

Listen now to learn how community solar is simplifying access to renewable energy, fostering environmental stewardship, and empowering communities nationwide.

Tune in here.

Scaling Solar and Storage Ownership 5 Dec 2024, 6:42 pm

In the latest Solar Maverick Podcast, CEO Jared Haines discusses how Catalyze is transforming solar and storage project ownership for C&I and distributed solar projects. Jared shares insights on strategies to scale projects, overcome regulatory challenges, and unlock new revenue streams for clients. Listen to the full episode to learn how Catalyze is accelerating the clean energy transition through innovative ownership models.

Listen to the full podcast here.

Catalyze Completes 4.8 MW Community Solar Project in Frankfort, NY 24 Sep 2024, 1:19 pm

The Project Delivers Clean Energy to Disadvantaged Communities and Revitalizes a Former Brownfield Site

Houston, TX – September 24th, 2024 – Catalyze, a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets, announced the launch of a 4.8 MW community solar project in Frankfort, New York. This project will deliver electricity to residential and commercial off-takers, including low- and middle-income subscribers.

Catalyze leveraged New York’s Inclusive Community Solar Adder (ICSA), which aims to increase access to community solar in disadvantaged communities, to complete the installation. Through this initiative, Catalyze is reducing energy costs for Frankfort residents, creating jobs, and accelerating the energy transition in a rural area where solar installations have traditionally been challenging due to shading and other limitations.

The site was developed on a designated brownfield, owned by Human Technologies, further demonstrating Catalyze’s expertise in developing renewable energy projects on previously disturbed land. The company recently converted a former landfill in Lancaster, NY, into two operational solar sites. Through the partnership, Catalyze and Human Technologies are also helping New York reach its community solar goals of installing six gigawatts (GW) of distributed solar by 2025 and 10 GW by 2030.

“We have had great success in New York, both deploying renewable energy to help meet climate goals, and supporting community development with new clean energy projects,” said Jared Haines, CEO of Catalyze. “Human Technologies has deep expertise in the Frankfort area, and it was a pleasure working with them to connect with local stakeholders and better understand the area.”

“At Human Technologies, we are committed to not only creating meaningful employment opportunities for people with disabilities but also to supporting initiatives that benefit the communities where we live and work,” said Tim Giarrusso, President/CEO of Human Technologies. “Partnering with Catalyze on this solar project allows us to contribute to both environmental sustainability and local economic growth by transforming a former brownfield into a source of clean, renewable energy for our region.”

“We’re excited to celebrate this community solar project on formerly unused industrial land, thanks to the partnership of Human Technologies Corp. Their commitment to greater Utica and sustainability made this transformation possible,” said Dan Leary, Managing Partner of OurGeneration. “We’re also grateful to Catalyze for helping bring this project to life and delivering clean, affordable energy to the local community.”

This project is Catalyze’s 6th community solar project in New York, which includes sites in Amherst, Lancaster, Potsdam, Grand Island, Castignetti, and Sherman. The company is installing a 79 megawatt (MW) portfolio of community distributed generation (CDG) solar projects across the state, supported by $100 million in financing from New York Green Bank.

About Catalyze

Catalyze is a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets. By combining its proprietary technology, financial strength, and expertise in rooftop solar, community solar, and batteries, it delivers standardized, yet configurable systems that meet their partners’ unique needs. These offerings enable commercial and industrial property owners, operating companies, and their customers to extract greater value from their assets, take increased responsibility and ownership of their energy profile, and ultimately become part of the clean energy transition. Catalyze owns two proprietary technologies – REenergyze, an origination-to-operations software integration platform that helps accelerate and scale the nationwide adoption of commercial and industrial solar and storage, and SolarStrap, a proprietary mounting technology to install rooftop panels. To learn more, visit www.catalyze.com.

About Human Technologies

Human Technologies is headquartered in Utica, New York and creates employment for people with disabilities by developing, investing in and growing their business lines, including 3PL/Supply Chain and Order Fulfillment, Uniform and Apparel Management, Environmental Services, Facilities Management, and Manufacturing and Packaging.  Established in 1954, the company employs 330 people throughout New York State, Pennsylvania, Delaware, and northern Virginia and generates over $40M in annual revenues.

Solar Continues to Shine in the Golden State 3 Sep 2024, 7:12 pm

California’s Rising Utility Rates: A Renewed Call for Solar Adoption

California, already among the most expensive states for utility energy pricing, has recently experienced abnormally high grid infrastructure costs. These unexpected costs have led to extreme and unprecedented utility power rate increases, impacting residents and businesses alike. As climate change continues to strain the grid, these rate hikes who no signs of abating.

PG&E Customers Experienced a 22% Rate Hike in the first half of 2024

In early 2024, Pacific Gas and Electric Company (PG&E) surpassed San Diego Gas & Electric (SDGE) as California’s most expensive power provider with a 13% rate hike. PG&E approximately 15 million people in a 70,000 square mile area covering most of northern and central California. The utility company first proposed the rate increase in 2021, citing higher than expected wildfire mitigation costs. According to its 2023-2025 Wildfire Mitigation Plan, PG&E spent $9.3 billion more than regulators authorized on vegetation management costs during a three-year period from 2020-2022. Adding insult to injury, a separate 4.5% rate hike went into effect in March to allow PG&E to cover 2023 storm damage expenses. When combined with a jaw-dropping average price increase of 22.3% for PG&E customers since the beginning of 2023, recent rate hikes have placed an extreme strain on California homeowners and businesses. Rates are likely to go up again next year as the CPUC is allowing PG&E to request additional rate hikes in order to cover energization projects. 

Energy Prices Outpace Inflation 

Even before the devastating California wildfires of 2020-2021, energy customers in the Golden State have seen their bill prices increase aggressively. Electric rates for California’s big three investor-owned utilities (PG&E, SCE, SDGE) are among the highest in the country, with a blended average energy price of >$0.25/kWh. EnergyToolbase, an industry leading software platform for renewable energy project modeling, recently analyzed 10 years of historical energy price trends in California and published the results in a whitepaper entitled “Electric Bill Inflation in California – a 10-Year Lookback Study at Electric Cost Inflation in California’s Big Three IOU Territories.” The study found that from 2014 to 2023, utility electric bills in California rose by roughly 70%, approximately 2.5 times higher than the 28% cumulative Consumer Price Index inflation rate during the same period. The average annual price increase for commercial & industrial customers in PG&E, SCE and SDGE service territories during the 10-year study period was 5.9%, 4.8% and 8.6%, respectively. 

Average year-over-year (2014-2023) electricity price change for C&I users by utility in CA. Source: “Electric Bill Inflation in California” – EnergyToolbase Whitepaper.  

Solar is the Solution

Considering the exorbitant utility energy costs, it’s no wonder that California is the #1 state in the U.S. for total solar installation capacity by both nameplate capacity and percentage of national solar generation. Despite last year’s transition from NEM 2.0 to a Net-Billing Tariff, the economics of onsite solar for C&I users in California remain attractive given the breakneck rate of utility price escalation. Given that the recent utility price hikes have largely been put in place to recoup unexpected costs from climate disasters in the state, solar is a two-sided sword in the fight against climate change and ever-increasing operating costs. When paired with a Battery Energy Storage System (BESS), solar photovoltaic arrays can also effectively increase resiliency for businesses, as well as strategically reduce costly peak demand and time-of-use energy rates. 

Catalyze Your Business with Solar + Storage

Ready to re-evaluate onsite solar + storage as a long-term energy hedge? Did your company miss the NEM 2.0 application window and abandon its onsite renewable energy project? There is no time like the present to shield your business from recent utility rate hikes while simultaneously reducing Scope 2 emissions. Catalyze’s team of renewable developers is experienced in evaluating onsite solar + storage opportunities in California’s complex landscape and can provide your business with a comprehensive analysis to enable a quick go/no-go decision.  Contact a Catalyze energy advisor here to learn more. 

READY TO DIVE DEEPER? JOIN OUR WEBINAR FOR IN-DEPTH INSIGHTS

As California’s energy landscape rapidly evolves, staying ahead of regulatory changes and understanding new opportunities is critical. Don’t let rising utility rates catch your business off guard—solar and energy storage solutions are more relevant than ever.

Register for our upcoming webinar to explore actionable strategies tailored to the Golden State’s unique challenges. Learn how to navigate the latest energy policies, unlock federal incentives, and optimize your solar + storage investments to future-proof your business.

Save your spot today:  Register for exclusive insights!

Catalyze Launches First Standalone Battery Energy Storage System (BESS) Project in the Bronx 8 Aug 2024, 1:35 pm

Catalyze expands its New York footprint, launching its first BESS project in the state

Houston, TX – August 8, 2024 – Catalyze, a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets, today announced the launch of its first standalone Battery Energy Storage System (BESS) project in the Bronx, New York. This is one of the first megawatt-scale BESS projects to be completed and fully approved through New York City’s updated permitting process for battery energy storage.

The project will leverage incentives from the New York State Energy Research and Development Authority (NYSERDA) to provide electricity to the grid under the Value of Distributed Energy Resources (VDER) stack arrangement. Already operational, the project is currently dispatching electricity to the grid to manage heightened seasonal peaks in demand. The project features 4 Tesla MegaPacks, with a total size of 4.29 MW / 8.58 MWh. The construction-to-operation timeline was achieved in record time, 171 working days.

“This project represents Catalyze’s commitment to innovation, further expanding our expertise in BESS technology,” said Jared Haines, CEO of Catalyze. “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.”

This project aligns with New York’s goal of installing six gigawatts of energy storage by 2030, and New York City’s objective of reducing GHG emissions by over 80% by 2050. This project also builds on Catalyze’s growing presence in New York. Catalyze recently secured $100 million in financing from NY Green Bank announced two projects in the state reaching operation in the past year, in Lancaster and Amherst.

About Catalyze

Catalyze is a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets. By combining its proprietary technology, financial strength, and expertise in rooftop solar, community solar, and batteries, it delivers standardized, yet configurable systems that meet their partners’ unique needs. These offerings enable commercial and industrial property owners, operating companies, and their customers to extract greater value from their assets, take increased responsibility and ownership of their energy profile, and ultimately become part of the clean energy transition. Catalyze owns two proprietary technologies – Reenergyze®, an origination-to-operations software integration platform that helps accelerate and scale the nationwide adoption of commercial and industrial solar and storage, and SolarStrap, a proprietary mounting technology to install rooftop panels. To learn more, visit www.catalyze.com.

Catalyze Earns Multiple Rankings on Solar Power World’s 2024 Top Solar Contractors List 6 Aug 2024, 2:06 pm

Catalyze Recognized Among Top U.S. Solar Companies for Its Ability to Bring Solar Projects Online Amid Industry-Wide Challenges

Houston, TX – August, 6, 2024 – Catalyze, a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets, today announced it ranked in the Top 10 on both Solar Power World’s 2024 Top Solar Developers and Top Community Solar Contractors lists.

Catalyze was recognized for installing 35 MW in 2023, achieved through several groundbreaking projects. One notable project was the 6.4 MW Amherst Solar Farm, which provides renewable electricity to 1,300 low-to-moderate-income housing units. The farm also utilizes sheep, shepherded by a local landowner, to maintain the vegetation on-site during the grazing season.

Additionally, Catalyze launched the Sheep Creek Community Solar Farm, the first project under California’s Enhanced Community Renewables (ECR) program to be contracted by one of the state’s three investor-owned utilities, Southern California Edison (SCE).

Solar Power World, a leading publication in the solar industry, annually publishes the Top Solar Contractors List, which features hundreds of solar contractors and developers across the United States, categorized by state/territory, service, and market. The list recognizes solar PV companies that provide services including sales, EPC contracting, development, construction/installation, electrical work, and rooftop-specific installations.

“We regularly read Solar Power World to stay informed about the latest developments and trends in the solar industry. It is a great honor to be recognized by their team of experts for our leadership in 2023,” said Jared Haines, CEO of Catalyze. “We experienced significant success last year, and our team is building on that momentum. In the coming months, we are identifying new markets and partners to expand our portfolio of renewable energy assets across the United States.”

“Solar projects in every market — residential to utility-scale — are getting bigger and oftentimes more complicated in scope, financing and permitting. That’s why it’s all the more impressive when so many top installation companies have banner years,” said Kelly Pickerel, editor in chief of Solar Power World. “The Top Solar Contractors List is a great gauge for how strong individual companies are in their local markets.”

About Catalyze

Catalyze is a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets. By combining its proprietary technology, financial strength, and expertise in rooftop solar, community solar, and batteries, it delivers standardized, yet configurable systems that meet their partners’ unique needs. These offerings enable commercial and industrial property owners, operating companies, and their customers to extract greater value from their assets, take increased responsibility and ownership of their energy profile, and ultimately become part of the clean energy transition. Catalyze owns two proprietary technologies – REenergyze, an origination-to-operations software integration platform that helps accelerate and scale the nationwide adoption of commercial and industrial solar and storage, and SolarStrap, a proprietary mounting technology to install rooftop panels. To learn more, visit www.catalyze.com.

Catalyze and GreenSpark Solar Announce Partnership to Expand Community Solar in New York 24 Jul 2024, 1:47 pm

The agreement to construct 60 MW of community solar projects will help New York reach it’s ambitious renewable energy targets

Houston, TX –July 24, 2024 – Catalyze, a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets, today announced that it selected GreenSpark Solar, a leading Engineering, Procurement and Construction (EPC) company headquartered in Rochester, NY to construct 10 projects, totaling 60 MW.

The partnership will expand Catalyze’s New York community solar portfolio, which currently includes the Amherst solar project and additional sites acquired through a recent transaction with BW Solar. Additionally, it will support ongoing initiatives funded by $100 million in financing from NY Green Bank, aimed at advancing community solar projects throughout the state.

The community solar projects will be funded in part by the New York State Energy Research and Development Authority (NYSERDA) through the NY-Sun Program. This partnership will support New York’s efforts to install 10 GW of distributed solar by 2030 and 70% renewable energy in electricity generation by 2030.

“ 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.”

Anticipated completion dates for these projects are 2024 to mid 2025.

About Catalyze

Catalyze is a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets. By combining its proprietary technology, financial strength, and expertise in rooftop solar, community solar, and batteries, it delivers standardized, yet configurable systems that meet their partners’ unique needs. These offerings enable commercial and industrial property owners, operating companies, and their customers to extract greater value from their assets, take increased responsibility and ownership of their energy profile, and ultimately become part of the clean energy transition. Catalyze owns two proprietary technologies – REenergyze, an origination-to-operations software integration platform that helps accelerate and scale the nationwide adoption of commercial and industrial solar and storage, and SolarStrap, a proprietary mounting technology to install rooftop panels. To learn more, visit www.catalyze.com.

About GreenSpark Solar

GreenSpark Solar, founded in 2002, believes locally generated clean energy is a cost-effective, market-based solution to combat climate change and an important strategy to strengthen our local community. GreenSpark has provided local, cost-effective, clean energy options throughout New York State for over 20 years. A Certified B Corp and member-owner of the Amicus Solar Cooperative, GreenSpark has consistently been named a Rochester Top Workplace and Fastest Growing Company in the nine-county Finger Lakes region. Its team of experts has installed over 200 MW of renewable energy and holds the designation of NYSERDA Quality Installer and Top Contractor by Solar Power World. To learn more, visit www.greensparksolar

Catalyze and Cushman & Wakefield Collaborate to Provide Renewable Energy Solutions for C&I Real Estate 11 Jul 2024, 12:00 pm

The two companies will leverage each other’s expertise to identify C&I assets that can most benefit from solar and storage deployment

Houston, TX – July 11, 2024 – Catalyze, a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets, today announced a strategic partnership with Cushman & Wakefield, a leading global real estate services firm. The partnership aims to expand the adoption of solar and storage technologies across commercial and industrial (C&I) real estate in the United States, increasing operating income, reducing utility costs, reaching ESG goals, and alleviating stress on the power grid.

Through this partnership, a Cushman & Wakefield team led by Nick Zarnin, Jonathan Serko, Gary Greenspan and Gene Slageter will work closely with Catalyze’s team led by Mike Williams, Bob Stickney and Jimmy Joe Granito to identify and secure new opportunities for renewable energy installations. Leveraging Cushman & Wakefield’s extensive network, industry expertise and strategic insights, Catalyze seeks to broaden its reach and make sustainable energy solutions more accessible to businesses across a range of diverse industries.

“This partnership marks a significant step forward in our mission to accelerate the adoption of renewable energy among commercial and industrial customers, benefiting both tenants and building owners,” said Jared Haines, CEO of Catalyze. “It’s been a pleasure working with Cushman & Wakefield, and by combining our experience and expertise in the C&I market, we can more effectively deploy impactful renewable energy solutions at scale. Not only can Cushman help its clients reach their ESG goals but also increase their Net Operating Income (NOI) by adding new lease and rental income for areas used for installations.”

The real estate sector accounts for approximately 40% of greenhouse gas (GHG) emissions globally.¹  Cushman & Wakefield set ambitious emissions reduction targets to not only reduce absolute GHG emissions from its corporate operations, but also in the facilities the firm manages on behalf of its clients, which are some of the world’s largest commercial real estate owners and occupiers. This partnership aligns with the company’s commitment to provide a unique suite of integrated sustainability solutions that help our clients achieve their net-zero ambitions, reduce operational costs and add value to real estate assets.

“We recognize Cushman & Wakefield plays a vital role in shaping a sustainable future for real estate. Our strategic partnership with Catalyze is a testament to our shared commitment to decarbonize the built environment by being at the forefront of the clean energy revolution,” said Jessica Francisco, Cushman & Wakefield’s Chief Sustainability Officer. “Together, we are poised to advance the adoption of solar and storage technologies while driving down costs for our clients.”

This partnership builds on Catalyze’s momentum in the C&I sector, having recently announced the operation of a solar and storage project installed at 66 Galen, a purpose-built life science building in Watertown, Massachusetts.

About Catalyze

Catalyze is a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets. By combining its proprietary technology, financial strength, and expertise in rooftop solar, community solar, and batteries, it delivers standardized, yet configurable systems that meet their partners’ unique needs. These offerings enable commercial and industrial property owners, operating companies, and their customers to extract greater value from their assets, take increased responsibility and ownership of their energy profile, and ultimately become part of the clean energy transition. Catalyze owns two proprietary technologies – REenergyze, an origination-to-operations software integration platform that helps accelerate and scale the nationwide adoption of commercial and industrial solar and storage, and SolarStrap, a proprietary mounting technology to install rooftop panels. To learn more, visit www.catalyze.com.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

¹ Source: Race to Zero

Amherst Case Study 24 Jun 2024, 5:04 pm

Farmland is ideally suited for solar energy installations. Our recent project took a novel approach to a classic formula by sheep to maintain the vegetation on-site during the grazing season. 

Explore our case study on the work with did in Amherst, New York.

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Lancaster Case Study: Solar Landfills in New York 20 Jun 2024, 4:58 pm

Solar landfills offer a unique opportunity for community solar energy projects, turning an environmental hazard into a benefit for the community and the world.

Explore our case study on the work with did in Lancaster, New York.

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