In March 2024, the Albany Business Review reported that Energy Catalyst is set to expand its geothermal heat pump manufacturing operations in Troy, NY. The expansion includes a new facility that will significantly increase production capacity. This growth is driven by rising demand for Energy Catalyst’s innovative and efficient heating solutions. The company received substantial support through state grants and tax incentives, enabling this strategic move to bolster the local economy and advance sustainable energy practices.
For more information, read the full article here.