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 ...
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 ...
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
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 ...
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 ...
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 ...