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Latest news about ACME Solar Holdings

Acme Solar Secures Massive 3.1 GWh Battery Storage Equipment Order in India 1 day ago

ACME Solar Holdings, a major player in renewable energy, has ordered 3.1 GWh of battery energy storage equipment in India. This significant investment aims to expand the company's presence in the energy storage market and contribute to India's renewable energy infrastructure. The order is expected to address intermittency challenges in renewable energy, improve grid stability, and support India's clean energy transition. This move positions ACME Solar Holdings as a key player in India's evolving energy storage landscape and may encourage further investments in the sector.

ACME Solar Holdings Secures Massive 3.1 GWh Battery Storage Equipment Order 1 day ago

ACME Solar Secures ₹500 Crore BESS Projects in Andhra Pradesh, Expects ₹60-70 Crore Annual Revenue 7 days ago

Acme Solar Secures 275 MW / 550 MWh Battery Storage Project in Andhra Pradesh Jun 26, 2025

ACME Solar Secures 300MW Power Purchase Agreement with SECI, Expands Portfolio to 5,130MW Jun 25, 2025

More news about ACME Solar Holdings

24Jun 25

ACME Solar Holdings Secures Rs 1,072 Crore Refinancing for Rajasthan Solar Project

ACME Solar Holdings has obtained ₹1,072 crore in refinancing for its 250 MW operational solar project in Rajasthan. The deal reduces the interest rate by 95 basis points to 8.50% per annum, with an 18-year loan tenure. This refinancing is part of a larger ₹4,575 crore initiative by ACME Solar over the past six months, indicating strong investor confidence in India's solar energy market and potentially improving project economics.

24Jun 25

ACME Solar Holdings Secures 300 MW Solar Project in Rajasthan

ACME Solar Holdings has signed an agreement for a 300 MW solar project in Sikar, Rajasthan. The large-scale installation will be located in an area known for high solar irradiance levels. This project aligns with India's renewable energy goals and is expected to boost clean energy output in the region. The development demonstrates ACME Solar Holdings' expansion in the renewable energy sector and could potentially create jobs in the Sikar area.

23Jun 25

Acme Solar Achieves Full Capacity at Gujarat Project with 3.3 MW Addition

ACME Solar Holdings has commissioned an additional 3.3 MW capacity at its solar project in Shapar, Gujarat, bringing the project to its full operational capacity. This marks the completion of the final phase of the Shapar project, strengthening ACME's position in India's solar energy market and contributing to the country's renewable energy goals.

23Jun 25

ACME Solar Holdings Secures ₹1,072 Crore Refinancing for Rajasthan Solar Project

ACME Solar Holdings has successfully refinanced ₹1,072 crore for its 250 MW operational solar project in Rajasthan. The deal, led by Bank of America and Standard Chartered Bank, reduces financing costs by 95 basis points to 8.50% per annum with an extended 18-year tenure. This refinancing is part of ₹4,575 crore in borrowing completed by ACME Solar over the past six months. The arrangement improves the company's financial flexibility and demonstrates investor confidence in its projects.

20Jun 25

ACME Solar Expands Power Purchase Agreement Portfolio to 5,130 MW

ACME Solar Holdings has expanded its Power Purchase Agreement (PPA) portfolio to 5,130 MW, with 2,826.20 MW currently operational. This expansion represents significant growth in the company's renewable energy commitments, with over 2,300 MW additional capacity in the pipeline. The development highlights the increasing demand for renewable energy and ACME Solar's growing presence in the market.

20Jun 25

ACME Solar Secures PPAs for 250 MW Project and Peak Power Supply

ACME Solar Holdings has signed two significant Power Purchase Agreements (PPAs). The first is with NHPC for a 250 MW solar project in Rajasthan. The second PPA, at ₹4.56 per kilowatt-hour, is designed for peak power supply with a 40% minimum capacity utilization factor and coverage of 90% of four-hour daily peak power needs. These agreements demonstrate the growing scale of solar projects, the focus on meeting peak power demands, and the increasing cost-competitiveness of solar energy in India.

13Jun 25

Acme Solar Boosts Wind Power Capacity in Gujarat

ACME Solar Holdings has expanded its wind project in Shapar, Gujarat, adding 19.8 MW to its existing capacity. This expansion has increased the company's total operational capacity to 2,826.2 MW across all renewable energy projects. The move strengthens ACME's position in the wind power segment and diversifies its renewable energy portfolio. The expansion in Gujarat highlights the state's importance in India's renewable energy sector.

10Jun 25

Acme Solar Holdings Expands Capacity and Reports Strong Financial Growth

ACME Solar Holdings has commissioned 240 MW of a 300 MW project in Rajasthan, increasing its total operational capacity to 2,806 MW. The company reported significant financial growth with a 55.20% increase in power generation, 32.30% rise in revenue, and quadrupled net profit. This expansion and performance highlight the momentum in India's renewable energy sector.

10Jun 25

ACME Solar Boosts Renewable Energy Capacity with 75 MW Expansion in Rajasthan

ACME Solar Holdings has successfully commissioned an additional 75 megawatts (MW) capacity at its Sikar Solar Project in Rajasthan. This expansion enhances the company's renewable energy portfolio and contributes to India's clean energy goals. The project capitalizes on Rajasthan's favorable conditions for solar power generation. While financial details were not disclosed, the increased capacity is expected to positively impact ACME Solar's power generation capabilities and business performance.

30May 25

ACME Solar Holdings Expands Renewable Capacity with Wind Power Project in Gujarat

ACME Solar Holdings Limited has commissioned the first phase of its wind power project in Shapar, Gujarat, bringing 26.4 MW online out of a planned 50 MW capacity. The project uses Envision 3.3 MW turbines and is executed by ACME Pokhran Solar Private Limited. This addition increases ACME's total operational renewable capacity to 2,731.40 MW. The project has a long-term power purchase agreement with Gujarat Urja Vikas Nigam Limited for 25 years.

28May 25

ACME Solar Expands Wind Power Portfolio with 26.4 MW Commission in Gujarat

ACME Solar Holdings Limited has successfully commissioned 26.4 MW of wind power capacity in Shapar, Gujarat, as part of a larger 50 MW project. This addition increases the company's operational capacity to 2,731.4 MW. The project has a 25-year power purchase agreement with Gujarat Urja Vikas Nigam Limited. ACME Solar's total portfolio now stands at 6,970 MW, reinforcing its position in India's renewable energy sector.

19May 25

ACME Solar Holdings Reports Mixed Q4 Results with Revenue Surge and Profit Dip

ACME Solar Holdings, a key player in renewable energy, released its Q4 results. Revenue soared 65% to ₹4.87 crore from ₹2.95 crore year-over-year. However, consolidated net profit fell to ₹1.22 crore from ₹5.32 crore in the same quarter last year. The company shows strong top-line growth but faces profitability challenges, possibly due to increased operational costs or growth investments.

12May 25

ACME Solar Holdings Ltd Expands Green Energy Portfolio with New Project in Rajasthan

ACME Solar Holdings Ltd has commissioned the first 52.50 MW phase of its 300 MW ACME Sikar Solar power project in Bikaner, Rajasthan. The project, financed by PFC Limited, is expected to generate 780 million units of clean energy annually when fully operational. Power will be sold on a merchant basis through exchanges. This commissioning increases ACME's operational capacity to 2,592.50 MW, reinforcing its position in India's renewable energy sector.

09May 25

Acme Solar Holdings' Subsidiary Launches First Phase of 300 MW Bikaner Solar Project

Acme Solar Holdings' subsidiary has commissioned the first 52.50 MW phase of a 300 MW solar power project in Bikaner, Rajasthan. The project leverages the region's high solar irradiance and marks a significant milestone in the company's expansion efforts. This development strengthens Acme Solar's position in India's renewable energy market and contributes to the country's green energy capacity.

03Apr 25

ACME Solar Holdings Secures ₹2,491 Crore Refinancing Facility for Renewable Energy Projects

ACME Solar Holdings Limited has obtained a ₹2,491 crore long-term refinancing facility for 490 MW of operational renewable energy projects in Andhra Pradesh, Rajasthan, and Punjab. The facility, provided by SBI and REC, has an 18-20 year tenure and a new weighted average interest rate of 8.80%. This refinancing aims to reduce debt costs, improve credit ratings, and support the company's growth plans. ACME Solar currently operates 2,540 MW capacity and targets 6,970 MW within three years.

03Mar 25

Acme Solar Holdings Unveils Ambitious 5 GW Capacity Expansion Plan

Acme Solar Holdings, a major player in India's renewable energy sector, has announced plans to expand its solar power capacity by 5 gigawatts (GW) by fiscal year 2026. This significant expansion is expected to strengthen the company's market position, contribute to India's renewable energy goals, and potentially increase revenue streams. While the plan presents growth opportunities, it also faces challenges such as funding, regulatory hurdles, and implementation logistics.

02Mar 25

Acme Solar Holdings Ltd Unveils Ambitious Rs 17,000 Crore Expansion Plan

Acme Solar Holdings Ltd plans to invest Rs 17,000 crore in FY26 to expand its renewable energy capacity to 5 GW by 2027, focusing on hybrid and round-the-clock projects. The company aims to reach 7 GW capacity by 2028. Currently, Acme Solar has a 6,970 MW portfolio with 2,540 MW operational. The firm is also considering entry into nuclear energy.

28Feb 25

Acme Solar Holdings Unveils Ambitious 5 GW Capacity Expansion Plan by FY2026

Acme Solar Holdings, a major player in India's renewable energy sector, has revealed plans to add 5 gigawatts (GW) to its solar power generation capacity by fiscal year 2026. This significant expansion aligns with India's goals to increase renewable energy share and reduce carbon emissions. The move could boost local manufacturing, increase market competition, and contribute to national renewable energy targets. While ambitious, the plan faces potential challenges in regulatory approvals, funding, land acquisition, and grid integration.