Fourth Partner Energy Bets Big On Uttar Pradesh Again - to Commission A 105 MWp Solar Park in Babina

March 2024

FPEL’s OPEN ACCESS PRESENCE IN UTTAR PRADESH

Fourth Partner’s first Solar Park was set up in Uttar Pradesh in 2021 at Saharanpur. This project marked our company’s foray into Open Access Solar, with an 88 MWp capacity. This park alone helps cut Carbon emissions in the State by 22,56,717 tons over the life of plant. Spread over 300 acres of non-arable land, this park delivers clean energy to companies like Ultratech Cement, Heidelberg Cement, Quality Needles, Threads India, and others.

Witnessing the appetite for Solar from the commercial and industrial businesses in the State, we soon commissioned our second Solar Park at Shahjahanpur in March 2023. This is a 15 MWp park catering to some of our most prestigious clients here including Supreme Industries, Tech Mahindra, Gyan Dairy and Shri Rathi Steel.



Last year, we also announced an additional investment of ₹1200 Cr into Uttar Pradesh for construction of a third Solar park, as part of the Investment Summit in the State. The first tranche of this new investment is towards our upcoming project: A 105 MWp Solar Park at Babina, spread over 330 acres on non-arable land. The project is nearly 70% complete and is likely to be commissioned in the coming quarter.

Through our projects here – we have provided employment, both full-time and part-time to hundreds of locals in Uttar Pradesh. We are also conducting community development initiatives at our project sites to not just help the State grow from an investment perspective, but to also truly enrich and uplift the lives of the people in Uttar Pradesh. At FPEL, we are thankful to the UP government and look forward to continue working together to develop this MODEL State in the country.

WHY SOLAR ENERGY FOR UTTAR PRADESH?

India’s most populous State with a consumer bank of over 24 crore individuals, and a contribution of over 8% to the Country’s GDP – Uttar Pradesh is poised for exponential industrial growth and commercial investment. Moreover, the State has significantly scaled up its Ease of Doing Business rankings over the past decade and is considered amongst the 3 most investment-friendly destinations in India today. Needless to say, Fourth Partner Energy is betting big on this ‘sunshine state’.

Apart from being an ideal destination to set up Solar projects because of its geographical location, UP has also very progressive Renewable Energy policies, which is FPEL’s biggest draw to the State. Clearly, all industries think likewise – as was witnessed at the Uttar Pradesh Global Investors Summit in 2023, wherein the government received investment proposals totalling over ₹40 lakh crores, with 10 major industrial houses indicating a further investment of ₹1.11 lakh crore to set up additional units in the state. Furthermore, Uttar Pradesh government has also indicated it will implement investment proposals worth ₹7.5 lakh crore across 10,000 projects. All of this will lead to the creation of 93 lakh employment opportunities in the State – cementing UP as India’s leading investment hub and FPEL is very excited to play a part in scripting this journey.

FPEL’s ONSITE SOLAR PRESENCE IN UTTAR PRADESH

FPEL has executed nearly 15 MW of Rooftop Solar installations in Uttar Pradesh, catering to diverse industries such as automotive, manufacturing, retail, and education. Among our valuable clients are DMart, Global Autotech, IIT Kanpur, and Caparo. This accomplishment is equivalent to planting 9 lakh trees and reducing Carbon emissions in the State by 3,84,668 tons over the life of plant – a testament to our commitment to sustainability. Moreover, several projects are in the pipeline, furthering our impact in the region.

FOURTH PARTNER ENERGY’s RENEWABLE ENERGY SOLUTIONS FOR INDIA INC.

FPEL is India’s leading Renewable Energy Solutions platform for businesses, with a 1.4 GW portfolio of clean energy assets across India and Southeast Asia. While we offer customised Solar, Wind, Hybrid and Carbon Trading solutions – what sets us apart is that we extend Energy Storage (BESS) and EV Charging Infrastructure under a single umbrella, making us India’s only truly integrated RE solutions provider. We aim to be the single destination for businesses eyeing Sustainability and Energy Transition.

Our journey began 13 years ago as a solar products firm – manufacturing lanterns and pumps; we then began installation of rooftop systems and slowly became India’s leader in on-site Solar for C&I consumers in 2018-19. As Corporate India’s hunger for clean energy increased, we kept adding business verticals like energy trading, wind solutions and developing in-house expertise to reach our current avatar.