Fourth Partner Energy Commissiones 70 MW Wind-Solar Hybrid Project in Gujarat
Fourth Partner Energy has forayed into hybrid renewable energy solutions by commissioning a 70 MW wind-solar project in the Gondal city of Gujarat. The developer said the 70 MW hybrid project will supply clean energy at 25-35% cheaper rates than grid tariffs to corporate clients in New Delhi and Hyderabad.
Off-takers include Filatex, Linde, Nexus Malls (a Blackstone Group company), and Deccan Chemicals.
Fourth Partner Energy stated it executed the project within 10 months. It expects the plant to generate nearly 163 million units of clean energy annually. The project comprises 14 wind turbines supplied and erected by GE.
Karan Chadha, head of business development at Fourth Partner Energy, said the 70 MW plant is the first of many hybrid projects in the pipeline for Fourth Partner...