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 […]
ACME Solar Secures ₹1,100 Crore Refinancing to Strengthen 300 MW Renewable Project – EQ
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 […]
ACME Solar Secures ₹3,892 Crore to Launch 400 MW Round-the-Clock Renewable Energy Project – EQ
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, […]
ACME Solar Secures 2 GWh Battery Storage from Lishen via POSCO to Boost India’s Clean Energy Reliability – EQ
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, […]
ACME Solar Seeks ₹3,000 Crore Shareholder Mandate for Renewable Expansion Push – EQ
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 […]
ACME Solar Holdings Plans ₹3,000 Crore Multi-Tranche Fundraise to Expand Renewable Energy Capacity – EQ
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 […]
ACME Solar-NHPC Ink Landmark BESS Deal to Power Andhra Pradesh’s Energy Future – EQ
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 […]
ACME Solar signs Battery Energy Storage Purchase Agreements with NHPC for 275 MW / 550 MWh – EQ
GURUGRAM : ACME Solar Holdings through its wholly owned subsidiaries have signed Battery Energy Storage Purchase Agreements (BESPA) with NHPC for a total contracted capacity of 275 MW/550 MWh across two Standalone Battery Energy Storage System (BESS) projects. These projects were secured at a tariff of INR 2,10,000/MW/month for 50MW/100MWh and INR 2,22,000/MW/month for 225MW/450MWh […]
ACME Solar Lands India’s Largest-Ever 3.1 GWh BESS Order from Narada & Trina – EQ
In Short : ACME Solar has secured a landmark 3.1 GWh battery energy storage system (BESS) order from China’s Zhejiang Narada and Trina Storage. This marks India’s largest BESS procurement to date, aimed at enhancing grid stability and renewable integration. The move strengthens ACME’s position in clean energy solutions and supports India’s energy transition goals […]
ACME Solar wins maiden Standalone BESS project for NHPC’s bid in AP with cumulative capacity of 275 MW / 550 MWh – EQ
GURUGRAM – ACME Solar Holdings Limited has emerged as the winning bidder for NHPC’s tender for cumulative capacity of 275 MW / 550 MWh standalone Battery Energy Storage System (BESS) projects in Andhra Pradesh across two projects at Kuppam and Ghani. The company’s winning bid for Kuppam project was at a tariff of Rs 210,000 […]