The record-breaking 420,000 sum is the biggest ever shirt sponsorship deal in Welsh rugby below the national team.
Npower renewables have been unveiled as the official sponsor, plowing a record-breaking 300,000 into the region over the next two years.
And today Ospreys skipper Barry Williams unveiled the new look Ospreys shirt emblazoned with the npower renewables brand logo, alongside fellow Ospreys and Wales stars Gavin Henson and Ryan Jones.
Mike Cuddy, joint managing director of the Ospreys was glad to seal the lucrative deal with such an innovative company.
"We are very pleased to secure such a lucrative sponsorship deal for the Ospreys and
to work with npower renewables, who are an innovative company, leading the way in green energy in the UK."
And Kevin McCullough, Managing Director of npower renewables said the feeling was mutual and they were excited to be sponsoring "the leading team in Wales".
"We are delighted that the first major npower renewables sports sponsorship deal will be with the Ospreys," said McCullough.
"They are the premier team in Wales and have a growing fan base throughout the South West Wales area. We were attracted to the sponsorship because of the team's outstanding performance over the last season and reputation as the leading team in Wales."
Porthcawl recently received a WRU facilities grant and funding from Natwest RugbyForce in order to give their changing rooms a facelift. This came after receiving £10,000 in a WRU facilities grant last year to tarmac their car park. The improvements have already helped to make the club more accessible, not only for their own members and players but for the whole community.
The Welsh Rugby Union has launched a new, accredited Safeguarding and Protecting Children course - funded by the WRU and delivered in partnership with Sport Wales and the NSPCC - fo rugby club volunteers around Wales.
The SWALEC semi-final draws threw up some mouth-watering clashes in the Cup, Plate and Bowl as the 12 teams aim for the Millennium Stadium Finals Day. All the semi-finals are to be played on the weekend of April 12.
Welsh whistler Rhys Thomas continues to scale the heights of the game as he prepares to be an official in this weekend's Hong Kong Sevens tournament, undoubtedly the showpiece event on the World Series calendar.
Wales International Ian Evans and Wales and Lions legend Scott Quinnell swapped rugby balls for paint pots at Tonna during the RBS 6 Nations. They surprised club players with a special clubhouse makeover to launch NatWest RugbyForce 2014 - a programme developed in partnership with the WRU to make rugby clubs stronger businesses by improving and renovating their facilities with the support of volunteers and the local community.
Fresh from claiming the Bowl honours in Tokyo last Sunday, the Wales Sevens squad have settled into their routine as they prepare for this weekend's Hong Kong tournament where Iolo Evans is aiming high, as WRU TV's Graeme Gillespie discovers.
The Welsh Rugby Union has recently teamed up with Prostate Cymru to help the charity launch its latest campaign to raise awareness of the disease. Members of the Wales squad helped produce a short video and promotional material for the campaign titled 'The Best Defence - is to know the FACTS'.