OYA Renewables Corp.
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OYA Renewables Corp. - overview
Established
2009
Location
Toronto, ON, Canada
Primary Industry
Renewable Energy
About
Based in Ontario, Canada, and founded in 2009, OYA Solar Corp. , trading as OYA Renewables, operates as a renewable energy development and independent power production company that focuses on bringing clean energy solutions. In March 2023, OYA Renewables raised USD 71 million in venture funding from Monarch Private Capital. As of April 2023, the company has a team of over 70 employees led by its CEO, Manish Nayar.
OYA Solar Corp. offers a range of products and services, including community solar, commercial solar, energy as a service, EV charging, and leasing land. The company's community solar solution allows customers to share the savings from solar energy without any upfront investment or risk. OYA evaluates property and energy needs to provide custom renewable energy solutions that meet sustainability and business goals.
Additionally, the company offers land leasing opportunities for solar farms, which provide long-term income to landowners and value to their communities. The company plans to use the venture funding for the construction of 15 community solar development projects in the state of New York.
Current Investors
Amalgamated Bank, CIT Group, Comerica Bank
Primary Industry
Renewable Energy
Sub Industries
Solar Power
Website
www.oyarenewables.com
Verticals
Clean Technology, Manufacturing
Total Amount Raised
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