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, […]
In Short : ACME Solar has signed a Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 200 MW solar project integrated with advanced battery energy storage. The partnership marks a significant step toward enhancing renewable energy reliability by delivering firm, dispatchable green power. The project aims to support grid […]
In Short : ACME Solar has commissioned an additional 16 MW of its ongoing 100 MW wind project in Gujarat, marking steady progress toward full completion. The newly added capacity strengthens the project’s contribution to clean power generation in the region. ACME continues to expand its renewable footprint through phased commissioning, supporting India’s push for […]
In Short : ACME Solar’s subsidiary has received ₹47.4 crore in compensation from the Rajasthan Electricity Regulatory Commission under the change-in-law mechanism. The payment offsets increased costs resulting from policy and regulatory changes that affected its solar project. This ruling provides financial relief to the developer, ensuring project viability and supporting uninterrupted renewable-energy generation amid […]
In Short : ACME Solar has raised ₹1,100 crore through refinancing for its 300 MW solar project, aimed at improving financial efficiency and reducing debt costs. The move strengthens project stability while ensuring smooth operations. This refinancing highlights investor confidence in India’s renewable energy sector and supports the nation’s clean energy transition by boosting large-scale […]
In Short : ACME Solar has secured ₹3,892 crore in funding for its 400 MW Firm and Dispatchable Renewable Energy (FDRE) project. The initiative will combine solar generation with advanced energy storage to provide round-the-clock renewable power, enhancing grid reliability. The project supports India’s renewable energy targets, demonstrates the commercial viability of dispatchable clean energy, […]
In Short : ACME Solar has ordered 2 GWh of battery storage from China’s Lishen, facilitated by POSCO International. The deal marks a major step toward boosting India’s energy storage capacity, crucial for stabilizing the grid and supporting large-scale renewable integration. This initiative strengthens ACME Solar’s clean energy portfolio and advances India’s transition to sustainable, […]
In Short : ACME Solar Holdings is seeking shareholder approval to raise up to ₹3,000 crore through issuing securities. The funds will support expansion in solar projects, green energy initiatives, and potential ventures into emerging areas like green hydrogen and storage. This strategic move aims to strengthen ACME’s position in India’s rapidly growing renewable energy […]
In Short : ACME Solar Holdings plans to raise ₹3,000 crore in multiple tranches through equity shares or equity-linked instruments, subject to regulatory approvals and shareholder consent at its AGM on September 29, 2025. The funds will support the company’s expansion in solar and hybrid energy projects, aiming to increase renewable energy capacity to 7 […]
In Short : ACME Solar has signed agreements with NHPC for two standalone Battery Energy Storage Systems (BESS) in Andhra Pradesh, totaling 275 MW/550 MWh. Awarded under competitive bidding, the projects—eligible for viability gap funding—are slated for commissioning within 18 months. This move supports grid stability, renewable energy integration, and aligns with India’s goal of 500 GW non-fossil […]