Parag Sharma
CEO
O2 Power
O2 Power provides renewable energy consulting services focused on optimizing energy efficiency and sustainability for businesses. The company helps clients navigate regulatory frameworks and implement environmentally friendly practices to reduce their carbon footprint and operational costs.
- Clean Technology
- Energy
Updated 22 months ago
Funding
Raised to date
$500MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Many utility companies and commercial and industrial (C&I) organizations face challenges in meeting their increasing electricity demands while also reducing their carbon footprint and remaining cost-competitive. Traditional energy sources contribute to environmental issues, and fluctuating grid tariffs can impact operational costs.
Solution
O2 Power provides renewable energy solutions to utility and C&I customers, enabling them to transition to sustainable energy sources and reduce their environmental impact. The company develops, constructs, and operates solar and wind power projects, offering a diversified portfolio of renewable energy assets. O2 Power also offers innovative solutions such as round-the-clock (RTC) renewable energy, storage solutions, peaking power, and green hydrogen development to ensure a reliable and stable energy supply. By leveraging advanced technology and expertise, O2 Power optimizes power generation and distribution, helping clients achieve energy self-sufficiency and decarbonization goals.
Target Audience
O2 Power serves utility companies seeking to strengthen their renewable energy infrastructure, as well as commercial and industrial (C&I) organizations aiming to reduce their carbon footprint and achieve sustainability goals.
Features
- Diversified portfolio of solar and wind power projects across multiple states in India
- Expertise in project development, construction, and operations & maintenance
- Solutions for utility companies, including partnerships with governmental agencies and institutions
- Solutions for C&I customers, helping businesses cut Scope 2 emissions with bespoke renewable energy solutions
- Round-the-clock (RTC) renewable energy solutions integrating solar and wind power
- Energy storage solutions to optimize energy availability and ensure reliable supply
- Development of green hydrogen capabilities and infrastructure
- Robotic module cleaning at solar plants to minimize water usage