ACME Solar Secures 130 MW in REMCL’s Round-the-Clock Renewable Energy Auction – EQ
In Short : ACME Solar has won 130 MW of capacity in the Railway Energy Management Company Limited’s round-the-clock renewable energy auction, strengthening its position in India’s hybrid and firm renewable energy segment. This achievement supports Indian Railways’ clean energy transition by providing reliable green power and reinforces ACME’s long-term strategy of building a diversified, grid-firm renewable portfolio aligned with national sustainability goals.
In Detail : ACME Solar’s success in REMCL’s round-the-clock renewable energy auction marks a significant milestone in the company’s journey toward delivering firm, dispatchable renewable power solutions. By securing 130 MW, ACME strengthens its leadership in hybrid renewable systems that combine solar, wind, storage, and advanced energy management technologies. This win reflects the company’s commitment to innovation and reliability in green power delivery.
The capacity awarded under this auction will contribute directly to Indian Railways’ mission of achieving net-zero emissions by 2030. REMCL’s round-the-clock model ensures that renewable power is supplied consistently across day and night, helping one of India’s largest energy consumers transition away from thermal power dependence. ACME’s offering meets these stringent requirements through its integrated approach to resource balancing.
With increasing emphasis on firm renewable energy, the RTC framework has become a preferred mechanism for large consumers seeking guaranteed renewable supply. ACME Solar’s 130 MW award showcases its capability to deliver dependable clean power by leveraging hybrid resource combinations and potential storage integration. This adds resilience to the energy mix while supporting grid stability.
The auction win also strengthens ACME Solar’s long-term business strategy of diversifying into next-generation renewable solutions. Beyond traditional solar farms, the company is actively developing hybrid parks, battery storage, and green hydrogen projects. Participation in RTC auctions positions ACME at the forefront of India’s transition toward dispatchable clean energy infrastructure.
For REMCL, onboarding a developer like ACME ensures access to high-quality renewable energy infrastructure that can meet the operational demands of the rail network. Sustained access to green power helps Indian Railways reduce carbon emissions, lower energy costs, and set an example for other large public sector institutions adopting renewable-first policies.
This development also reflects growing investor and industry confidence in India’s renewable energy market. The RTC model encourages developers to innovate and builds momentum toward large-scale renewable-plus-storage deployment, which is essential for India to meet its climate commitments. ACME’s participation and victory signal strong industry alignment with these national priorities.
Overall, ACME Solar’s 130 MW win in REMCL’s round-the-clock renewable auction marks a strategic advancement for both the company and India’s clean energy landscape. It strengthens ACME’s leadership in firm renewable power, supports Indian Railways’ decarbonization efforts, and contributes to the country’s broader transition to 24/7 green energy systems that are reliable, sustainable, and future-ready.
