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Acme appoints EY to sell InvIT stake – EQ

In Short : Acme Solar, one of India’s leading solar power developers, has appointed Ernst & Young (EY) to facilitate the sale of its stake in an Infrastructure Investment Trust (InvIT). This move is part of Acme’s strategic initiatives to unlock value and raise funds for future projects. InvITs have become popular investment vehicles in […]

‘US investing USD 3.8 billion to meet India’s renewable energy, infrastructure goals’: US envoy Garcetti – EQ

ACME Solar in talks to raise debt of Rs 4,000 cr – EQ Mag

ACME Solar is in advanced discussions with lenders, including REC, PFC, State Bank of India and banks from the Middle East, to secure debt amounting to ₹4,000 crore to fund the green ammonia and green hydrogen projects in Tamil Nadu, India and Oman. According to two sources familiar with the matter, the discussions have reached […]

‘US investing USD 3.8 billion to meet India’s renewable energy, infrastructure goals’: US envoy Garcetti – EQ

ACME Solar commissions 300 MW solar project in Rajasthan – EQ Mag Pro

Gurugram – based renewable energy company ACME Solar has successfully commissioned a 300 MW solar power project for MSEDCL. The project is situated at village Badiseed in Jodhpur District of Rajasthan. The electricity generated from this plant is supplied to Maharashtra. This project can light up over 6 lakh homes. “This is the largest single-location […]

India looks to harness 10 GW geothermal power by 2030 – EQ

ACME Solar Holdings Successfully Agrees Issuance of NCDs in Connection With Pricing of $334 Million Via Offshore Green Bonds

Gurugram, July 30, 2021 : 12 projects of ACME Solar Holdings Private Limited (ACME) today agreed to a debt investment of approx. $334 million, which will be funded by US dollar-denominated green bonds that were successfully priced today. The bonds will be issued by an offshore company and proceeds of the bonds will be used […]

How to Maximize Profits in Commercial Solar Projects with Efficient Inverters Usage – EQ

ACME Solar Wins Solar Award: ‘Project Developer of the Year 2020-21 Platinum’

Project Developer of the Year 2020-21 Platinum was awarded to ACME Solar on May 26, 2021. EQ organized ‘India Solar Awards 2020-21’ through virtual mode for the solar industry of India. The event was powered by EQ iSearch and conducted on the basis on solar achievements of 2020-21. Renew Power shared this award with ACME […]

KOLKATA SuryaCon Conference, Mini-Expo + EAST India Annual Solar Awards 2024 + Kolkata DeCarbonisation, Carbon Neutrality & Net Zero Summit

Petronas acquires 100 MW solar assets from Acme Solar

Has acquired the assets through its Indian unit Petroliam Nasional Berhad (Petronas), Malaysia’s state-run oil and gas company, has acquired around 100 MW solar assets owned by Acme Solar. The solar assets located in Karnataka, were acquired at an enterprise value of Rs 800 crore. Petronas has acquired the assets through its Indian unit Amplus […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ