PORTLAND, ME Oct. 28, 2019: OYA Solar, a North American full-service solar developer, is launching development operations in Maine. As an early‐stage developer of solar projects, OYA is committed to developing well-sited and economically supported solar projects for each community. OYA uses a community-based development approach, working closely with landowners, and owners of buildings and parking lots, to find the best solution from community solar, virtual net metering, and onsite solar. Maine currently ranks near the bottom of the country for solar, 42nd actually, with approximately 60 Megawatts of solar installed–but has passed strong pro-solar legislation in 2019.
“OYA is thrilled to be announcing our entry into Maine. The state has a bright clean energy future and an improved atmosphere for solar expansion and investment. The future of solar is in states like Maine that are willing to move clean energy policy into the 21st century,” said Manish Nayar, Founder and CEO of OYA Solar. “Governor Mills and the State Legislature’s commitment to clean energy is great news for the state’s economy–particularly rural areas where farmers and others have the opportunity to earn a reliable monthly payment for solar. We look forward to helping the state move forward.”
“The nature of the Maine solar program requires a strong focus on only the most suitable sites for solar development, which opens opportunities to diversify landowners’ income streams. It’s an exciting market. An experienced developer is going to be the key for landowners interested in participating in solar opportunities within the state,” said Greg Rossetti, Head of Origination for OYA Solar.
OYA Solar is a leading developer of community, commercial and utility-scale solar projects in North America. The company has in-house development, permitting, engineering, and project finance teams which de-risks solar projects and maximizes execution certainty. OYA works closely with landowners to develop customized community solar projects that prioritize land stewardship while maximizing value to the landowner.
About OYA Renewables
OYA Renewables is a North American full-service solar developer and independent power producer. Its projects provide clean energy and widespread economic and environmental benefits for landowners, communities, and energy customers. It is committed to developing and operating solar projects, with a particular focus on community solar, that incentivize the participation of low-to-moderate income households. Founded in 2009, OYA is the first North American solar platform to have been certified as a diverse supplier and minority business enterprise. We have successfully monetized in excess of 1,400 MWDC of distributed and utility-scale solar projects across North America and our current development pipeline exceeds 3 GWDC. For more information, please visit www.oyarenewables.com.
(416) 840-3358 x 131
OYA Starts Construction On Five Community Solar Projects In New York State
Located across the State, the five projects: Pulaski, Main Street, Robinson Road, Church A, and Wayside Drive support broad consumer access to solar-powered electricity generation through the NYSERDA VDER program.
Local Municipality Signs Up To Community Solar in Strong Signal of Support for OYA Solar
The Town of Independence in Allegany County has signed up to receive 10% in annual electricity savings through community solar in addition to the tax revenue it receives from hosting three community solar projects.
OYA Solar Partners with Wunder Capital to Finance New York Community Solar Projects
OYA Solar NY, L.P. has teamed with Wunder Capital to take advantage of Wunder’s new financing for development and construction activities for a portfolio of 10 projects located throughout upstate New York.