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Virginia Retirement Community Goes Solar With DSD Renewables & More From First Solar, Oya, SEIA

A house with solar panel on the roof

DSD Renewables has energized a 1.85 MW solar plant for NLCS in Virginia; First Solar confirms winning India’s PLI; OYA Renewables raises finance for 24.8 MW DC; SEIA hails NCUC’s rooftop solar rules.

1.85 MW solar plant for retirement community: DSD Renewables has energized a 1.85 MW ground mounted solar PV plant in Virginia for the National Lutheran Communities & Services (NLCS) managed retirement community The Village at Orchard Ridge. Located in the Shenandoah Valley, the project will meet 85% of The Village’s energy needs with an estimated 2,396 MWh of energy generation annually. For DSD, this project expands its footprint to 23 states.

First Solar’s India win: US CdTe solar module maker First Solar, Inc has issued an official statement announcing winning the Indian government’s financial incentives under the country’s Production Linked Incentive (PLI) scheme, tranche-II. Along with Shirdi Sai Electricals’ (SSE) Indosol Solar and Reliance New Solar Energy Limited, First Solar has been selected for the full range of incentives under basket 1 for fully vertically integrated manufacturing. These incentives are subject to the facility meeting efficiency and domestic value creation thresholds to be evaluated on a quarterly basis, starting from Q2/2026 through 2031, it stated. The company is building a module manufacturing fab with 3.4 GW nameplate capacity in the state of Tamil Nadu, to be commissioned in H2/2023.

Oya bags $27 million loan: Community solar developer Oya Renewables has secured $27.1 million long-term loan facility from City National Bank (CNB) which a wholly-owned US subsidiary of the Royal Bank of Canada. Additionally, the company has also raised funding from tax equity investor Greenprint for the same 4 New York projects. These funds were used by Oya to complete the term conversion of 24.8 MW DC capacity. Oya expects to bring online 5 additional New York community solar projects by mid-2023 which it says will add to its pipeline of over 600 MW in the state. The company counts its project pipeline as adding up to 9 GW.

SEIA hails NC’s net metering order: The Solar Energy Industries Association (SEIA) has welcomed final orders issued by the North Carolina Utilities Commission (NCUC) for its net metering Smart $aver docket. Under this, the commission has approved a 3-year glide path for solar customers to transition from monthly credits to a more dynamic time-of-use rate structure. It incentivizes the use of solar when it is most valuable, says SEIA. Duke Energy has been instructed to open a solar+storage program within 90 days. The commission has also approved $0.36/W incentive to go solar. “This order is a step forward for North Carolina’s rooftop solar market that preserves the ability of residents to choose the power that works for them,” said SEIA’s Southeast Regional Director, Will Giese.

Source from Taiyang News

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