Fourth Partner Energy

About Fourth Partner Energy

Fourth Partner Energy (4PEL) is a leading Renewable Energy Solutions Company based in India. The company primarily serves commercial and industrial businesses, with a focus on accelerating decarbonization across the corporate sector in India and South and Southeast Asia.

4PEL's business model revolves around offering Energy-as-a-Service (EaaS), a service that allows businesses to meet almost all of their energy needs through clean and green sources. The company was established in 2010 as a solar products and EPC (Engineering, Procurement, and Construction) company. Over the past decade, it has evolved into a leading provider of renewable energy solutions, thanks to its in-house expertise in energy analysis, design, financing, procurement, construction, operation, and maintenance of renewable infrastructure.

The company also offers allied services and has leveraged technology and innovation to become a top choice for companies looking to embark on or accelerate their sustainability journey. 4PEL's achievements include significant reductions in carbon emissions and coal usage, as well as substantial water savings.

4PEL is backed by global impact investors Norfund and TPG’s RISE Fund. The company aims to have a >3GW operational portfolio across Southeast Asia by 2025. It offers Capex, Opex & EMI to ensure ~40% cost savings on power and provides long-term clarity in tariffs with PPAs for 20-25 years.

The company uses cutting-edge technology for monitoring asset performance, including AI, IoT, and remote monitoring. It has partnerships with several financial institutions and has access to cheaper capital, storage, electric mobility, and carbon credits, enabling round-the-clock renewable energy.