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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
Avaada Group is looking to add renewable energy projects totalling 5 gigawatt (GW) in the current financial year as the company has signed PPAs and received connectivity approvals for the upcoming capacities, a company executive said. The group was able to add 2 GW of renewable energy projects during the last financial year, said Chairman Vineet Mittal. Another 1-2 GW capacity could have been added in FY26 but due to issues related to signing of PPAs and transmission infrastructure , the company was unable to do so, he noted. "Last year we could have brought 1-2 gigawatts more, but due to delays in the signing of PPAs and delays in full readiness of the transmission system, we had to align our commissioning schedule with the readiness transmission system," Mittal said in reply to a question if his company had to push timelines for planned capacities due to transmission and grid connectivity issues. With addition of 5GW, the company's overall operational capacity will reach 12GW by