Hyderabad-based firm to offer solar solutions in Indonesia

Hyderabad-based firm to offer solar solutions in Indonesia

The Hindu

Fourth Partner Energy, a solar solutions firm based in Hyderabad, and Indika Energy of Indonesia have formed a joint venture to provide integrated solar, storage and EV charging solutions to Indonesia’s businesses. Indika Energy will hold 51% stake and Fourth Partner Energy the rest in Empat Mitra Indika Tenaga Surya (EMITS), the JV company that seeks to play a vital role in the backdrop of Indonesia aiming to double the share of clean energy and achieve nearly a quarter of the country’s energy needs from renewables by 2025.
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