Meta Partners With Fourth Partner Energy For 88 MW Renewable Projects In India
The deal supports the addition of renewable energy capacity to India's power grid and forms part of Meta's broader strategy to align its operations with clean energy sources: Reports
NEW DELHI: Fourth Partner Energy (FPEL) said on Wednesday it has partnered with Meta Platforms Inc. On 88 megawatts alternating current (MWac) of renewable energy projects across India, as the technology company seeks to advance its clean energy and emissions reduction goals in the country.
“Under the agreement, FPEL will own and operate a portfolio of solar and wind projects across the states of Tamil Nadu, Karnataka, Maharashtra and Uttar Pradesh. Meta will purchase 100 per cent of the environmental attributes associated with the projects,” FPEL said in a statement.
The deal supports the addition of renewable energy capacity to India's power grid and forms part of Meta's broader strategy to align its operations with clean energy sources.
“These projects with Fourth Partner Energy represent a commitment to India's clean energy ecosystem, helping to bring new renewable energy capacity onto the grid and address Meta's value chain emissions in the region. This is consistent with our broader goal of matching our global operations with 100 per cent clean and renewable energy,” said Amanda Yang, Head of Clean and Renewable Energy at Meta.
