NorthStar Clean Energy, Champion Homes, Catalyze, among others, announced their renewable energy projects or deals with partners.
$334 mn Secured for Michigan Solar Projects
NorthStar Clean Energy has secured $334 million in financing for two solar projects in Michigan. The Branch Solar project will generate 200 MW in Branch County, making it NorthStar’s largest solar project in the state. The Genesee Solar project will produce 50 MW in Genesee County. These projects will generate enough electricity to power 36,000 homes every year. NorthStar Clean Energy is a subsidiary of CMS Energy and operates renewable energy projects across the U.S.
Champion Homes Launches EcoWise Energy-Efficient Homes
Champion Homes has introduced EcoWise, a new range of energy-efficient manufactured homes. These homes meet the U.S. Department of Energy’s Zero Energy Ready Home standards and are now available in the Northeastern U.S. EcoWise homes are designed to reduce energy costs and improve comfort. They include ENERGY STAR appliances, high-efficiency water heaters, insulated windows, and LED lighting. The homes are also ready for solar panel installation. Champion Homes uses offsite construction techniques, which speed up building time and reduce costs. The homes will be available in New York, Pennsylvania, and other states in the Northeast.
Catalyze Gets $400 mn for Renewable Energy Projects
Catalyze, a developer of renewable energy projects, has secured $400 million in financing from ATLAS SP Partners. This funding will support solar and battery storage projects across the U.S. The company currently operates 300 MW of energy projects and has over 1 GW in development. With this financing, Catalyze expects to double its capacity by the end of the year. ATLAS SP specializes in solar asset-backed financing, making them a strong partner for Catalyze’s expansion.
Energy Vault Acquires Stoney Creek Battery Storage Project
Energy Vault has acquired the 1.0 GWh Stoney Creek Battery Energy Storage System in Australia from Enervest Group. The project is valued at $220 million and will help improve grid stability. The project has been awarded a 14-year energy agreement under Australia’s Long-Term Energy Service Agreement (LTESA). It will provide eight hours of dispatchable energy and support the clean energy transition in New South Wales. Energy Vault will develop and operate the project using its VaultOS energy management system. Enervest will continue to assist with development and community engagement.