The Asian Development Bank (ADB) and Fourth Partner Energy Private Limited (Fourth Partner) have joined forces in a long-term collaboration aimed at advancing clean and affordable energy solutions in India. The partnership involves a substantial loan of up to INR1.2 billion (US$14.7 million) to support the construction and operation of a 25 MW solar photovoltaic power plant.
Situated in Tamil Nadu's Tirunelveli district, the power plant is expected to generate an impressive 50.7 GWh of clean electricity each year. The plant will directly supply power to commercial and industrial customers.
By bypassing traditional fossil fuel-based plants, the project will help avoid the release of an estimated 41,700 tons of carbon dioxide emissions annually.
Country updates
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August 23, 2023
Oriana Power plans 20 MW solar project in Jharkhand
Oriana Power is planning to develop a 20 MW gound-mounted solar photovoltaic project located in Dugdha Washery Area, Dhanbad, Jharkhand, India. The project scope comprises design, pr...
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August 11, 2023
MoU signed for 2.8 GW pumped hydro storage projects in India
Tata Power has signed a Memorandum of Understanding (MoU) with the government of Maharashtra to develop two large pumped hydro storage projects with a combined capacity of 2.8 GW in Maharashtra.
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August 01, 2023
Operation starts for 400 MW wind-solar hybrid project in India
Mumbai-based corporate renewable-energy solutions provider, CleanMax Enviro Energy Solutions, has started the commercial operation of the 400 MW wind-solar hybrid project located in Babra,&n...
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July 17, 2023
Suzlon secures a turbine order for 100.8 MW wind project in Tamil Nadu
Suzlon Group has received a turbine order for a 100.8 MW wind power project in India for Everrenew Energy Private Limited. The 48 wind turbine generators (WTGs) of S120 - 2.1 MW with a Hybrid Lattice...
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July 07, 2023
Cleantech Solar signs PPA for 60 MWp solar project in Tamil Nadu
Cleantech Solar has signed long-term power purchase agreements (PPAs) with leading Commercial & Industrial (C&I) customers in the state of Tamil Nadu to develop up to 60 MWp of open-access sol...
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