OYA Solar building six community solar projects in New York State

california solar tax credits
California lawmakers on Thursday passed a bill to extend a property tax exemption to solar projects that change ownership through the "partnership flip" financing structure.

OYA Solar, a renewable energy developer and independent power producer, has started construction on six community solar projects in New York State.

The combined 32 MWDC community solar projects are part of the NYERDA VDER program, benefiting residents and businesses in Franklin, Jefferson, Livingston, Onondaga, and Oswego Counties.

The projects are expected to generate approximately 895,000 MWh of power and offset 699,000 tons of carbon dioxide over their 25-year operation.

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"OYA Solar has an ambitious goal of becoming one of the largest constructors and operators of community solar projects that will support New York's transition to a cleaner and more resilient energy source," said OYA Solar CEO Manish Nayar. "Our strong development and construction platform has a proven track record in New York, and more broadly across the Northeast U.S. and Canada, and we embrace our role as a driver of solar energy expansion and accessibility."

OYA Solar expects to build an additional 140 MWDC of community solar projects in New York State by the end of next year. The company has a 2 GWDC pipeline of community solar and utility-scale projects across the Northeast U.S. and Canada.

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John Engel is the Content Director for Renewable Energy World. For the past decade, John has worked as a journalist across various mediums -- print, digital, radio, and television -- covering sports, news, and politics. He lives in Asheville, North Carolina with his wife, Malia. Have a story idea or a pitch for Renewable Energy World? Email John at john.engel@clarionevents.com.

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