World Bank's IFC, ADB, and DEG invest $275m in India's Fourth Partner Energy for renewable energy expansion.

World Bank's IFC, ADB, and DEG invest $275m in renewable energy firm Fourth Partner Energy (FPEL) in India. The consortium aims to help FPEL expand renewable energy assets to 3.5GW by 2026, including a 575MW wind-solar hybrid project in Karnataka. The investment supports affordable, clean energy solutions for commercial and industrial consumers.

August 06, 2024
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