Catalyst Power Holdings LLC is launching new energy storage solutions aimed at the commercial and industrial (C&I) sector. The company’s new behind-the-meter energy storage will be integrated as an option in the company’s Connected Microgrid product to provide businesses with significant energy savings from load shifting, peak shaving and other capabilities.
“Energy storage offers businesses the opportunity to realize significant savings thanks to newly available federal tax incentives for storage projects, ” said Gabriel Phillips, CEO of Catalyst Power Holdings. “We’re at a time of tremendous opportunity in the clean energy transition–businesses that take advantage of incentives for solar, storage, EV charging, and other solutions will be reaping rewards for decades to come.”
Catalyst Power develops innovative energy supply solutions for commercial and industrial companies, with a focus on a first-of-its-kind network of Connected Microgrids, a no-up-front-cost custom solution using onsite solar panels or batteries, as well as retail power and gas supply. The company provides small- to industrial-sized businesses access to distributed generation through its network of Connected Microgrids. The company uses a proprietary technology platform that provides a fresh perspective on data to identify, underwrite, fund and provide solutions to customers while operating more cost-effective onsite energy projects for its retail energy clients.
Catalyst Power is an independent, integrated provider of cleaner energy solutions for the C&I sector through commercial energy, customized Connected Microgrid solutions and community solar to underserved middle-market C&I end-use customers. Catalyst Power is a portfolio company of Dallas-based growth-oriented private equity firm BP Energy Partners LLC.
Tags: Catalyst Power Holdings, commercial and industrial, energy storage
