Dallas-based Catalyst Renewables will share in $96 million in state funding -- one of five projects selected by the state -- as part of the $300 million Renewable Portfolio Standard Program which is designed to accelerate development of New York's clean energy economy. Catalyst Renewables Corp., through its biomass energy subsidiary Syracuse-based CRC Renewables, is partnering with Boston-based Atlantic Power Corp. on plans to convert a cogeneration plant in Geddes, NY to a biomass facility that will produce power for central New York and steam for local businesses. With a capacity of 40 megawatts, Onondaga Renewables will produce enough electricity to power approximately 40,000 homes and provide low-pressure steam.The amount of funding awarded to Catalyst is set to be announced.
Catalyst opened its Syracuse offices with an announcement of its $100 million biomass power facility project in Geddes (just outside Syracuse) in fall of 2008. At the same time, it also introduced its TreeSource Solutions LLC division to provide technologies and management services to business, governments, forest owners and loggers to better manage wood waste. TreeSource is looking for Upstate farmers who want to grow woody biomass on their underused or abandoned farmland, providing new markets.
Catalyst Renewables also owns and operates the Lyonsdale Biomass LLC wood-fired cogeneration facility, a 19 megawatt power generation facility in Lyonsdale NY. For more information: http://www.catalystrc.com/
