As the global focus on climate action and decarbonisation intensifies, businesses across sectors are being called upon to lead the way in sustainable transformation. One of the most critical components of this journey is the Net Zero transition.
What is a Net Zero Transition?
A Net Zero transition refers to a company’s strategic move to reduce its greenhouse gas emissions to near zero, primarily by switching to renewable energy sources and offsetting any remaining emissions through verified carbon removal methods such as afforestation, direct air capture.
It involves decarbonising business operations, adopting sustainable technologies, and making climate-conscious decisions across the value chain. For today’s businesses, Net Zero is a necessity.
Why does Net Zero matter for Corporates?
Net Zero is no longer just a sustainability target – it’s a strategic pathway in the long term for businesses. A clearly defined Net Zero roadmap helps companies align with global climate goals, comply with regulatory mandates and build a future-ready brand.
Governments, financial institutions, and customers are demanding greater climate accountability by the corporate companies. Transitioning to clean energy is the fastest and most effective way to future-proof your business.
To put this into perspective: in Q4 of Calendar Year 2024 alone, India’s corporate renewable energy capacity grew by over 2 GW, reaching a total of 43+ GW. This number underscores the accelerating pace and significance of renewable energy adoption among Indian corporates.
Total Corporate Renewable Capacity (in MW) – December 2024
Image Source: Bridge to India
Things to Look for in an Ideal Energy Transition Partner:
1. End-to-End Solutions
Your energy partner should offer end-to-end expertise – covering everything from energy audits, financing, design and procurement, ESG and safety compliance, regulatory approvals, project execution & commissioning to long-term asset maintenance. Comprehensive energy transition services not only save time and reduce risks but also ensure consistency and quality across every stage.
2. Guaranteed Cost-Savings
If you are choosing renewables, wind or solar power cost must be less than grid tariffs. Whether it’s rooftop or Open Access, your RE partner should guarantee at least 30–50% cost savings over conventional electricity to make the transition truly beneficial.
3. Proven Track Record
Check if the partner has executed large-scale Renewable Energy projects across different sectors and geographies. A strong track record ensures they understand industry-specific needs and can navigate technical or regulatory challenges with ease. The experience they bring to the table will help you get the best and most effective RE solutions.
4. Comprehensive Range of Solutions
Your energy transition partner should offer a diverse and innovative portfolio of clean energy solutions such as Open Access, solar carports, battery storage, I-RECs. The ability to provide tailored solutions ensures flexibility that aligns perfectly with your unique energy goals. Furthermore, A broad basket of renewable energy solutions supports scaling of your projects.
5. Long-Term Consistency and Future-Readiness
Clean energy contracts typically run for 20–25 years, making it vital to choose a partner who can ensure reliable, long-term service. Beyond initial execution, they should offer consistent performance, transparent communication, and responsive support throughout the contract duration.
Equally important is future readiness. Your partner should be able to scale solutions and integrate emerging technologies like battery storage or RTC power as your energy needs evolve. This ensures your transition remains relevant, evolving, and aligned with changing business and regulatory landscapes.
6. Seamless Service
You need a partner who is easy to reach, quick to respond, and keeps you informed at every step, from planning to performance tracking. Your clean energy partner should translate complex energy and performance data into clear insights, helping you to monitor your plant performance without having technical expertise.
7. Strong ESG Practices
Environmental, Social, and Governance (ESG) compliance must be a core commitment of your energy partner – not just a checkbox exercise. It should be a built-in part of their ecosystem.
Ethical land use, local job creation, community development, and biodiversity protection are few essential pillars for anyone thinking about sustainable growth.
8. Regulatory Knowledge
Energy laws and incentives change frequently. Choose a partner with deep regulatory expertise to optimize policy benefits, and ensure your project complies with all norms at DISCOM and Central level.
How can Fourth Partner Energy support your company’s Net Zero Goals?
With over 3.5 GW of clean energy assets under operation and in portfolio across Southeast Asia, Fourth Partner Energy (FPEL) is corporate India’s leading renewable energy solutions platform. As a trusted energy partner for businesses, FPEL enables:
- End-to-end solutions: from advisory and design to execution and maintenance
- A comprehensive range of offerings: On-Site solar, Open Access, Battery Storage, and I-RECs
- Tailored solutions for each client, ensuring both energy and financial efficiency
We serve over 400 corporate clients across sectors like manufacturing, automobile, IT, pharma, FMCG, Information Technology and more. Our mission is to accelerate the energy transition for Indian and global corporates, empowering them to achieve RE100 targets.
FPEL’s Marquee Corporate Clientele
Accelerate Your Firm’s Energy Transition Goals with FPEL
Choosing the right energy transition partner is not just a strategic decision – it’s a commitment to your business’s sustainable future. The ideal partner brings technical expertise, a wide range of solutions, regulatory knowledge, and most importantly, long-term value in terms of cutting both cost and carbon emissions. As corporates accelerate toward net zero roadmaps, working with a reliable energy partner can make all the difference in achieving climate goals.
At Fourth Partner Energy, we are committed to being that trusted partner – empowering businesses to transition efficiently and responsibly to clean energy.
Need a Clean Energy Partner for Your Business?
We provide energy transition services for corporates to deliver cost savings and climate impact.
Reach out to us at marketing@fourthpartner.co