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Catalyze and GreenSpark Solar Partner to Expand Community Solar in New York

Jul 24, 2024•almost 2 years ago

Contract Type

partnership

New YorkEnergyRenewable EnergySolar

Description

Catalyze and GreenSpark Solar have announced a partnership to expand Catalyze’s New York community solar portfolio, which aims at advancing community solar projects throughout the state. The partnership will support New York’s efforts to reach 10 GW of distributed solar by 2030 and 70% renewable energy in electricity generation by 2030.

Company Information

Company

Catalyze and GreenSpark Solar

Location

New York, New York, United States

About

Catalyze is a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets. GreenSpark Solar is a leading Engineering, Procurement and Construction (EPC) company headquartered in Rochester, NY.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months