ACME Solar commissions 53.63 MW BESS phase in Rajasthan

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • ACME Solar commissions 53.63 MW BESS Phase-I in Rajasthan
  • Part of larger 300 MW FDRE Project in Bikaner district
  • Commercial operation date set for September 16, 2026
  • Renewable energy generation component remains under development
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ACME Solar Holdings has commissioned Phase-I of its Battery Energy Storage System (BESS) project in Rajasthan, marking a key milestone in its renewable energy infrastructure development.

The commissioning involves 53.63 MW/300 MWh of capacity, which forms part of the larger 300 MW / 1581 MWh FDRE Project located in Village Kelan, District Bikaner. The subsidiary ACME Greentech Seventh Private Limited executed the commissioning on September 14, 2026, with the Commercial Operation Date (COD) set for September 16, 2026.

Project Status

The company disclosed that only the BESS component has been commissioned at this stage. The corresponding renewable energy generation component remains under development. This phased approach allows for partial operationalization while construction continues on the broader solar infrastructure.

Project Component Capacity Status
BESS Phase-I 53.63 MW / 300 MWh Commissioned
Total FDRE Project 300 MW / 1581 MWh Under Development

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to both BSE and NSE.

Historical Stock Returns for ACME Solar Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
+1.27%+0.10%+9.98%+79.49%+33.06%0.0%

How will the commissioning of Phase-I BESS impact ACME Solar's revenue recognition and cash flow in the upcoming fiscal quarters?

What is the expected timeline for completing the remaining renewable energy generation component of the 300 MW FDRE project?

How does this phased BESS deployment position ACME Solar against competitors in India's rapidly growing energy storage market?

Acme Solar board clears plan to set up wholly owned UAE subsidiary

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Acme Solar Holdings board approved the creation of a wholly owned subsidiary in the UAE
  • The new entity will be fully owned by Acme Solar Holdings
  • The decision was cleared by the company's board of directors
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Acme Solar Holdings board has approved the incorporation of a wholly owned subsidiary in the UAE.

Board decision on UAE subsidiary

The board of Acme Solar Holdings cleared the proposal to create a new fully owned subsidiary in the United Arab Emirates. The decision reflects the company's intent to establish a direct corporate presence in the UAE through a dedicated entity.

Detail Information
Corporate action Incorporation of wholly owned subsidiary
Location UAE (United Arab Emirates)
Ownership structure Fully owned (100%)
Approving body Board of Directors

The establishment of a wholly owned subsidiary in the UAE would give Acme Solar Holdings direct operational and legal standing in the region under its full ownership.

Historical Stock Returns for ACME Solar Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
+1.27%+0.10%+9.98%+79.49%+33.06%0.0%

What specific solar projects or partnerships is Acme Solar Holdings targeting with its new UAE subsidiary?

How will the UAE subsidiary impact Acme Solar's revenue streams and profit margins in the coming fiscal years?

Does this expansion signal a broader strategy for Acme Solar to enter other Middle Eastern markets beyond the UAE?

More News on ACME Solar Holdings

1 Year Returns:+33.06%