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Fourth Partner Energy

Leading the development of India’s distributed solar solutions, completing over 1,500 grid-connected and off-grid installations across 22 states.

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Saifuddin Dhorajiwala

Co-founder and Executive Director at Fourth Partner Energy

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Employees 201–500
Headquarters Hyderabad, Telangana, India
Fourth Partner Energy (4PEL) is India's leading developer of distributed solar solutions. Since its start in 2010, 4PEL has developed complete in-house, end-to-end services across evaluation, design, financing, procurement, construction, and operations and maintenance of solar infrastructure, helping the company deliver the lowest total cost of ownership. 4PEL's commitment to innovation and ability to provide quality solutions within set timelines has kept them ahead of the industry and enabled them to earn the trust of over 80 corporate houses in India — including Coca Cola, Pepsi, Schneider Electric, Glenmark, Nestle, Mars, and Ferrero. To date, 4PEL has executed over 1,500 grid-connected and off-grid installations across 22 states in India, with solar plants ranging from 1 kWp to 5,000 kWp+, cumulating to 55 MWp of installed capacity. 4PEL believes that the customer, supplier, employee, financier, or any other stakeholder is the ‘fourth partner' and therefore the focus of all its business activities.

Notable Achievements

  • Raised over $70 million from TPG Capital's impact investment arm - The RISE Fund
  • Environment Impact (550 MW portfolio) - Annual Savings: 7.5 lk tons of CO2, 1.7 bn lts of H2O conserved. Equivalent to planting 35 mn trees
  • Secured Bank of America’s first locally denominated loan for commercial and industrial solar financing in India

Currently Operating in Seven Regions

Press Mentions

October 11, 2019

Can we afford not to invest with impact?

July 23, 2021

Fourth Partner Energy Acquires 8.9 MW Distributed Solar Portfolio from Statkraft

June 30, 2021

Fourth Partner Energy raises $125M from Norfund and The Rise Fund

March 18, 2021

Shuchi to set up EV charging points at HPCL's retail outlets

March 17, 2020

Lithium Urban Technologies, Fourth Partner Energy tie up to set up solar-powered EV charging hubs

October 11, 2019

Can we afford not to invest with impact?

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