New Delhi – ACME Solar Holdings Limited, a leader in renewable energy, is delighted to announce the signing of a Power Purchase Agreement (PPA) with NHPC Limited for a Firm & Dispatchable Renewable Energy (FDRE) project of 680 MW capacity. This marks a significant milestone in ACME Solar’s journey to accelerate India’s transition to clean […]
ACME Solar commissions additional 90 MW solar power capacity in Rajasthan – EQ
In Short : ACME Solar has successfully commissioned an additional 90 MW of solar power capacity in Rajasthan, further strengthening its position in India’s renewable energy sector. This expansion is part of ACME’s ongoing efforts to enhance solar power generation across the country. The new capacity will contribute to Rajasthan’s renewable energy goals and support […]
Acme Solar Holdings Limited Secures ₹1,988 Crore in Financing from Power Finance Corporation (PFC) and Wins 300 MW SECI ISTS Solar Project at a tariff of INR 3.05 per Unit – EQ
New Delhi – ACME Renewtech Private Limited, a subsidiary of Acme Solar Holdings Limited, has successfully secured INR 1,988 crore in term loan financing from Power Finance Corporation (PFC) to fund the development and construction of a 300 MW Solar-Wind Hybrid Renewable Energy Project. The project will be located in high-resource potential areas, with solar […]
ACME Solar Holdings commissions four ISTS-connected SECI projects of 1,023 MW in Jaisalmer – EQ
In Short : ACME Solar Holdings has commissioned four ISTS-connected solar projects in Jaisalmer, Rajasthan, with a total capacity of 1,023 MW. The projects are expected to generate around 3,000 million units of clean energy annually, reducing emissions by 2.6 million tonnes per year. Financed by PFC and REC, the projects have a 25-year PPA […]
ACME Solar Holdings Limited Secures 250 MW FDRE Project in NHPC Auction – EQ
New Delhi – Acme Solar Holdings Limited has successfully secured a 250 MW Firm & Dispatchable Renewable Energy (FDRE) project in the e-reverse auction held by NHPC on December 10, 2024, at a tariff of INR 4.56 per unit. Notably, this project includes a green-shoe option that could potentially expand the total capacity of this […]
ACME Solar Holdings, Hexa Climate Solutions bag FDRE projects – EQ
In Short : ACME Solar Holdings and Hexa Climate Solutions have secured key projects in Ethiopia under the Federal Democratic Republic of Ethiopia (FDRE). These projects will contribute to the country’s renewable energy development, supporting its transition to cleaner energy. The deals highlight Ethiopia’s growing appeal to international companies and its commitment to expanding sustainable […]
ACME Solar Holdings arm inks pact to supply power from 150 MW hybrid solar project – EQ
In Short : ACME Solar Holdings has signed an agreement to supply power from a 150 MW hybrid solar project. This initiative combines solar energy with another renewable source, boosting efficiency and reliability. It plays a significant role in expanding renewable energy capacity and promoting sustainable development, contributing to the transition towards cleaner energy solutions. […]
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 […]
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 […]
Acme Solar Will Set-Up 7 GW Solar & Green Ammonia Facility In India
In Oman, Acme solar is already working on a green ammonia project. In a 50:50 joint venture, the firm collaborates with Scatec ASA of Sweden. According to Acme, the project’s first phase is planned to produce 100,000 tonnes of green ammonia per year. This will ultimately grow to 1.2 million people, with 3.5 GW of […]
