EQT, Temasek JV brings on the internet 250-MW solar park in India

• Indian renewable energy platform O2 Power Pvt Ltd has actually launched commercial procedures at a 250-MW solar park in the state of Rajasthan.

The photovoltaic (PV) farm will provide electricity to the Solar Energy Corporation of India Ltd (SECI), the Gurgaon, Haryana-based company stated in a Twitter article on Friday.

Located in the Jaisalmer area of Rajasthan, the plant was commissioned in two stages as well as is the very first solar park owned by O2 Power that goes on the internet. The business has prepare for two other PV projects in the state amounting to 780 MW, its internet site programs.

O2 Power was established in 2020 as a joint venture of EQT Infrastructure IV, a fund launched by Sweden-based personal equity company EQT AB, as well as Singapore's sovereign riches fund Temasek Holdings Pvt Ltd. When they established the platform, the partners pledged to spend some USD 500 million (EUR 466.8 m) in the brand-new renewable energy player, targeting greater than 4 GW of mounted sustainable power producing capacity.