Catalyze launches 4.29 MW/ 8.58 MWh BESS Project in Bronx, New York

RE project developer Catalyze recently announced the launch of its first standalone Battery Energy Storage System (BESS) project in the Bronx, New York. The company claims this to be one of the first MW-scale BESS projects to be completed and fully approved through New York City's updated permitting process for battery energy storage.

The project features 4 units of Tesla MegaPacks, with a cumulative capacity of 4.29 MW/ 8.58 MWh. The construction-to-operation timeline was achieved in record 171 working days, according to Catalyze. The project is currently dispatching electricity to the grid to manage heightened seasonal peaks in demand. 

"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", he added. 

The battery storage project has bagged 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. 

The project aligns with New York's goal of installing six GW of energy storage by 2030, and the city's objective of reducing GHG emissions by over 80 percent by 2050. 

Building on the company's growing presence in New York, Catalyze recently secured $100 million in financing from NY Green Bank and announced two projects in the state reaching operation in the past year, in Lancaster and Amherst.

A fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets, the company is experienced in developing rooftop solar, community solar, and battery storage solutions that are standardized and customized for the needs of the users.