Fourth Partner Energy Receives ₹1.26 Billion to Expand Distributed Solar Footprint (1)

Fourth Partner Energy Receives ₹1.26 Billion to Expand Distributed Solar Footprint

Symbiotics, an investment firm specialized in emerging, sustainable, and inclusive finance, issued its first bond the proceeds of which are exclusively used to finance renewable energy projects. It raised ₹1.26 ...
/ / Finance and M&A, Solar
Fourth Partner Energy Raises $15 Million in Third Funding Round to Expand Solar Portfolio

Fourth Partner Energy Raises $15 Million in Third Funding Round to Expand Solar Portfolio

Distributed solar company, Fourth Partner Energy, has raised $15 million (~₹1.1 billion) in debt funding from responsAbility, a Switzerland-based development asset manager. According to the company’s press statement, the funding ...
/ / Finance and M&A, Solar
Renewable Expansion Key to Economic Growth Post-Pandemic

Renewable Expansion Key to Economic Growth Post-Pandemic

As the COVID-19 crisis continues, governments across the world have been forced to take stringent measures to curb its spread. The pandemic has had a deep impact on economies around ...
Bank of America Lends ₹3.56 Billion to Distributed Solar Company Fourth Partner Energy

Bank of America Lends ₹3.56 Billion to Distributed Solar Company Fourth Partner Energy

The Bank of America (BofA) has announced its plans to lend ₹3.56 billion (~$50 million) to Fourth Partner Energy, a distributed solar energy management company. The amount is a local currency revolving ...
Madhya Pradesh Announces First of its Kind Tender for 33 MW of Rooftop Solar Projects

Net Metering Policy Continues to be a Drag on India’s Rooftop Solar Sector

Net metering was introduced in India as a measure to make distributed renewable energy more accessible and economical for electricity consumers across the country. Net metering works by calculating the ...
/ / Mercom Research Focus, Other
Indian Railways Rooftop Solar Contracts

Indian Railways Awards Contracts to Develop 30 MW of Rooftop Solar

Indian Railways has awarded a total of 30 MW of rooftop solar contracts to two firms, with Azure Power set to develop 20 MW and Fourth Partner Energy developing the ...
/ / Rooftop, Solar