In Short : ACME Solar has signed an agreement with UNOPS S3i and IFU to develop a 250 MW solar power project in Rajasthan. Valued at nearly $200 million, the project will supply clean energy to around 500,000 households. It is expected to create 225 construction jobs and 75 permanent roles, contributing significantly to India’s […]
In Short : ACME Solar Holdings has commissioned 26.4 MW of wind power capacity at Shapar in Gujarat as the first phase of its 50 MW ACME Pokhran Wind Project. Developed using Envision turbines and financed by PFC, the project will supply power to GUVNL under a 25-year PPA. ACME’s total operational renewable capacity has […]
GURUGRAM – ACME Solar Holdings Limited has commissioned 75 MW of additional renewable energy capacity at the ACME Sikar Solar project in Rajasthan. This follows the earlier commissioning of 165 MW at the same project, taking the total commissioned capacity of the project to 240 MW out of a planned 300 MW. With this milestone, […]
In Short : ACME Solar has commissioned the first phase of its 26.4 MW wind energy project in Shapar, Gujarat, boosting its total renewable capacity to 2,731.4 MW. Using Envision 3.3 MW turbines, the power is supplied under a 25-year agreement with Gujarat Urja Vikas Nigam. The project is funded by Power Finance Corporation and […]
In Short : ACME Solar has commissioned an additional 112.5 MW at its Sikar Solar Project in Rajasthan, raising the total operational capacity to 165 MW out of the planned 300 MW. The project is expected to generate 780 million units annually, with power sold via exchanges. This boosts ACME’s total installed capacity to 2,705 […]
In Short : Acme Solar reported a 130.7% surge in FY25 profit to ₹251 crore, driven by the addition of 1,200 MW solar capacity, including a key project in Jaisalmer. Revenue rose 7.4% to ₹1,575 crore. The company’s total contracted capacity now stands at 6,970 MW, reflecting strong growth in its renewable energy portfolio and […]
In Short : ACME Solar has commissioned the first 52.5 MW phase of its 300 MW Sikar Solar Power Project in Bikaner, Rajasthan, increasing its operational capacity to 2,592.5 MW. Spanning 1,300 acres, the project will generate 780 million units of clean energy annually. Financed by PFC Ltd, the power will be sold on exchanges, […]
In Short : ACME Solar Holdings has secured a ₹2,491 crore refinancing facility to strengthen its financial position and support ongoing renewable energy projects. The move aims to optimize debt structure, reduce financing costs, and boost clean energy capacity, aligning with India’s ambitious renewable energy goals. In Detail : ACME Solar Holdings has secured Rs […]
In Short : ACME Solar plans a Rs 17,000 crore capex for FY26 renewable energy projects, targeting 10 GW capacity by 2030. The investment will expand solar, hybrid, and energy storage projects, including green hydrogen initiatives. Aligning with India’s 500 GW renewable goal, ACME aims to boost rural economies, create jobs, and cut emissions, reinforcing […]
In Short : ACME Solar Holdings reported a two-and-a-half-fold increase in its Q3 net profit, reaching ₹112 crore. The surge was driven by higher revenue from operational projects and improved efficiency. The company’s strong performance reflects the growing momentum in India’s renewable energy sector, reinforcing its commitment to expanding solar capacity and sustainable energy solutions. […]