Tata Power Solar, Fourth Partner, Sunsure Were Leading Rooftop Solar Companies in 2021
Tata Power Solar, Fourth Partner Energy, Sunsure Energy, Amplus Solar, and Jakson Solar emerged as the top solar rooftop companies in India in the calendar year (CY) 2021, according to Mercom's ...
British International Investment Announces $89 Million for Solar Projects in India
British International Investment (formerly CDC Group), a U.K. government-owned development financial institution, announced an investment of $89 million for solar projects in India. British International Investment (BII) is providing $47 ...
ReNew Power Sells its Rooftop Solar Portfolio for ₹6.72 Billion
Indian renewable energy developer ReNew Power announced that it has sold its 117 MW of rooftop solar portfolio to distributed solar company Fourth Partner Energy for ₹6.72 billion (~$89.9 million). The net proceeds ...
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
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 ...
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 ...
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 ...
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, ...
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 ...