Renewable energy platform O2 Power on Tuesday announced that it has secured an 800MWh battery energy storage (BESS) project in Rajasthan.
The project consists of a battery energy storage system with an installed capacity of 800 MWh, a strategic combination of solar PV and components to ensure power supply during non-solar peak hours, O2 Power said in a statement. said.
The company announced that it has secured a renewable energy project through competitive bidding conducted by Solar Energy Corporation of India (SECI)-FDRE VI.
The project will be built close to an operational substation, leveraging abundant solar and land resources while utilizing existing evacuation infrastructure to minimize transmission delays.
The project is expected to commence within 24 months of the signing of the PPA (Power Purchase Agreement).
Parag Sharma, Founder and CEO of O2 Power, said: “This project win strengthens our commitment to driving India’s clean energy transition.” . O2 Power’s renewable energy projects span multiple states with a total portfolio of more than 6GW.
Founded in 2020 by Singapore-based investment company Temasek and Stockholm-based investment company EQT Infrastructure, O2 Power focuses on developing, constructing and operating renewable energy projects such as solar and wind power. I’m doing it.