Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat Limited, has divested its entire 25.44 per cent stake in O2 Renewable Energy V, a special purpose vehicle of O2 Power. The transaction was […]
JK Cement Limited has purchased an additional 12.21 per cent equity stake in O2 Renewable Energy V Private Limited, a special purpose vehicle of O2 Power, for approximately Rs 0.05 billion. This has increased JK […]
By Abhishek Jain, Head – Investment Cell, O2 Power India’s clean energy push is ambitious, urgent and necessary. However, it is clear that public resources alone cannot deliver the required scale and speed. This is […]
JSW Energy Limited has announced an investment of Rs 140 billion to expand the renewable energy capacity of its recently acquired platform, O2 Power. The company aims to increase the renewable portfolio of O2 Power […]
Jubilant Ingrevia Limited, through its wholly owned subsidiary, Jubilant Infrastructure Limited has signed a power purchase agreement (PPA) with O2 Power to integrate renewable energy into its SEZ Bharuch manufacturing facility in Gujarat. This move […]
By Preeti Wadhwa The Indian renewable energy sector has been witnessing increasing consolidation, a testament to its growing maturity. Energy majors with substantial financial resources are looking to expand their portfolios rapidly, adopting both organic […]
O2 Power has been awarded an 800 MWh Battery Energy Storage System (BESS) project under the competitive bidding process conducted by the Solar Energy Corporation of India (SECI) under the Firm and Dispatchable Renewable Energy […]
Altra Xergi Power, a subsidiary of O2 Power, has secured 200 MW in the Solar Energy Corporation of India’s (SECI) auction for 8,000 MWh (2,000 MW x 4 hours) of assured peak renewable energy supply […]
The Gujarat Electricity Regulatory Commission (GERC) has approved a power purchase agreement between Jubilant Infrastructure, a wholly owned subsidiary of Jubilant Ingrevia, and O2 Renewable Energy III, a subsidiary of O2 Power, for procuring 9 […]
JSW Neo Energy Limited, a wholly-owned subsidiary of JSW Energy, has entered into a definitive agreement to acquire a renewable energy platform with a total capacity of 4,696 MW from O2 Power Pooling. The platform’s […]
O2 Power has signed into a 100 MW Power Purchase Agreement (PPA) with East Central Railways (ECR) to supply renewable energy from its 360 MW installed capacity located across Rajasthan, Gujarat, and Karnataka. The renewable […]
Suzlon Group has announced that it has acquired a large contract for its 3 MW series of wind turbines. The project has been awarded by Teq Green Power XI Private Limited, a part of O2 […]
Sprng Akshaya Urja, NTPC Renewable Energy Limited (NTPC REL), Project Nine Renewable electricity (Ayana Power), and TEQ Green Power XIII (O2 Power) have bagged Railway Energy Management Company Limited’s (REMCL) auction to deliver 1 GW […]
For Solar Energy Corporation of India Limited’s wind auction (Tranche XIII) for 1.2 GW of projects connected to the interstate transmission system (ISTS), SJVN LIMITED, Scatec ASA (Scatec India II BV), and O2 Power emerged […]
O2 Power, based in Gurgaon, has announced the acquisition of a solar project portfolio from Emmvee Photovoltaic Power, situated in Bengaluru. O2 plans to acquire two solar power projects in Karnataka and Telangana. The total […]
Gujarat Urja Vikas Nigam’s (GUVNL’s) auction to purchase power from 500 MW of grid-connected wind power projects (Phase-III) has been completed. The declared winners are Gujarat State Electricity Corporation (GSECL), Rajpur Renewables (EDF Renewables), Juniper […]
O2 Power India, supported by Temasek and Alternative Asset Manager EQT, has completed its first solar project in India, a 250 MW solar plant near Jaisalmer, Rajasthan. Reportedly, the project was completed over phases in […]
O2 Power, an India-based renewable energy producer, has signed a MoU with Powin, a US-based battery energy storage company, to supply battery storage solutions for the Indian renewable energy sector. Reportedly, Powin will be in […]
India’s renewable energy capacity has grown by leaps and bounds in a few short years, on the back of major auctions for utility-scale solar and wind power projects. The increase in the scale and size […]
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