Fourth Partner Energy ties up with Indonesia’s Indika Energy

Fourth Partner Energy, India’s leading solar solution firm, on Friday announced a partnership with Indonesia’s Indika Energy to provide solar, battery storage and EV solutions to the South East Asian nation.

“The joint venture company Empat Mitra Indika Tenaga Surya (EMITS) is aimed at accelerating Indonesia’s renewable energy transition. Like Fourth Partner Energy’s India portfolio, EMITS will offer integrated solar, storage and EV charging solutions to Indonesia’s businesses,” the company said in a statement.

Indika Energy will hold 51 per cent and Fourth Partner Energy 49 per cent stake in EMITS.

Vivek Subramanian, co-founder and executive director, Fourth Partner Energy, said, “This partnership with Indika Energy is an important part of our strategic international expansion into key markets across South East Asia”.