Renewable energy solutions company Fourth Partner Energy (FPEL) has raised ₹7.5 billion (~$79.27 million) from Tata Capital – Cleantech Finance (TCCL) to develop its ongoing solar-plus-wind project with an integrated battery energy storage system in Maharashtra. The project comprises 300 MW of solar capacity, 50 MW of wind capacity and 750 MWh of battery energy storage. It is expected to generate more than 630 million units of clean power annually for the company’s corporate consumers in Maharashtra.
