O2 Power

O2 Power Commissions First 250 MW Solar Project in Bikaner

Temasek and Alternative Asset Manager EQT backed O2 Power India has commissioned its first solar project in India, the 250 MW Solar project at Jaisalmer, Rajasthan. Announced by the firm on its social handle, the project was commissioned over phases in April-May this year. It has 1030 MW of projects under development in Rajasthan, including […]

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SECI Announces 1.2 GW Wind Auction Results, NTPC Lowest Bidder at Rs 2.89/unit

Solar Energy Corporation of India (SECI) has announced the winners of the 1.2 GW Wind Energy Projects’ auctions or Tranche XII for interstate transmission connected wind projects. Even as NTPC bid at Rs 2.89/unit, for its 200 MW bid, it was Halvad Renewables Pvt Ltd that won 300 MW at a price of Rs 2.93 along […]

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O2 Power, US-based Powin form JV for energy storage solutions in India

O2 Power, a Gurugram-based renewable energy producer, and Powin, a US-based battery energy storage firm, on Friday said they have signed a memorandum of understanding to provide battery storage solutions for the Indian renewable energy market. According to the official press release, Powin will be responsible for the delivery and commissioning of the battery energy […]

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Six RE Players Form IGHPA for Hydrogen Advocacy

Six companies dealing in renewable energy (RE) have come together to form an independent advocacy group to give a fillip to the Hydrogen Sector in India. It will be called as Independent Green Hydrogen Association (IGHPA) and the key objective of the forum is to engage with Government and other key stakeholders to realize the […]

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SECI’s 1200 MW Tranche XI Wind Tender Sees Winning Bids at Rs 2.69/Unit

Wind Energy continues to charge up in 2021, with SECI’s Tranche XI tender attracting winning bids at Rs 2.69/unit. The winning firms this time were ReNew Power (300 MW), Sembcorp through its subsidiary Green Wind Infra Energy (180 MW), Evergreen Power through Anupavan Renewables (150 MW). Adani Green scooped up the largest parcel of 450 […]

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Avaada Energy, O2 Power Win RUMSL 550 MW Solar Auction

We have two more names joining the winners’ list in key solar auction results this week. This time, it is the RUMSL 550 MW Agar Solar park auction, where Avaada Energy and O2 Power (through Beempow energy Private Limited) have won the auction for 550 MW solar projects of Rewa Ultra Mega Solar Limited (RUMSL), […]

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Preparing For a Renewable Future- The Business Models That Matter

If there is one thing the renewable energy sector cannot be accused of doing, it is to look back too much. The solar sector in particular has everything to look forward to, considering the strong momentum it has built up globally. The Covid-19 crisis has only sharpened those opportunities, and possibilities of even more support […]

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4 Winners in NTPC’s 1.2 GW Solar Tender, Winning Bid at Rs 2.43/kWh

NTPC Ltd has concluded the e-reverse auction for its 1.2 GW solar tender awarding capacity to 4 winners in O2 Power, Tata Power, Azure Power, and AMP Energy NTPC Ltd has concluded the e-reverse auction for its tender for the selection of solar power developers for setting up 1.2 GW ISTS-Connected solar PV power projects […]

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Decoding The healthy Response to NHPC 2000 MW Solar Tender

On the face of it, the response to the NHPC (formerly National Hydroelectric Power Corporation) 2 GW tender is more than a little surprising. Not only has the tender sailed through, it has done so with flying colours, by any stretch of imagination. Five well established players in the form of SoftBank-backed SB Energy, Axis […]

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