Tata Power, Fourth Partner, Amplus, Orb Energy - Top Rooftop Solar Installers in 1H 2021

Tata Power, Fourth Partner, Amplus, Orb Energy – Top Rooftop Solar Installers in 1H 2021

Tata Power Solar, Fourth Partner Energy, Amplus Solar, and Orb Energy were the top rooftop solar installers in India in the first half of the calendar year (CY) 2021, according ...
Fourth Partner Energy Acquires 8.9 MW Distributed Solar Portfolio from Statkraft

Fourth Partner Energy Acquires 8.9 MW Distributed Solar Portfolio from Statkraft

Distributed solar company Fourth Partner Energy announced that it has acquired distributed solar portfolio with an 8.9 MWdc capacity from Statkraft India. Of this capacity, 5 MW is an open access solar project ...
/ / Finance and M&A, Solar
Funding and M&A Roundup Partners Group To Acquire Community Solar, Battery Storage Firm

Funding and M&A Roundup: Partners Group to Acquire Community Solar, Battery Storage Firm

From: Mercom Capital Group Global private markets firm Partners Group has agreed to acquire a controlling equity stake in Dimension Renewable Energy (Dimension), a distributed energy platform focusing on community ...
/ / Other, Renewable Energy
Fourth Partner Energy Secures ₹2.5 Billion to Expand C&I Solar Portfolio

Fourth Partner Energy Secures ₹2.5 Billion to Expand C&I Solar Portfolio

CDC Group, a U.K. government-owned financial development institution, has announced a ₹2.5 billion (~$33.44 million) investment into distributed solar energy company Fourth Partner Energy. The capital from CDC will be ...
/ / Finance and M&A, Solar
Top Five Funding Deals of 2020 in the Indian Solar Market

Top Five Funding Deals of 2020 in the Indian Solar Market [Infographics]

After a sluggish start to the year due to the COVID-19 pandemic and the subsequent lockdown, activity in the solar sector picked up in the third quarter (Q3) of 2020, ...
/ / Mercom Research Focus, Other
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