ACME Solar

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ACME Solar ends acquisition agreement for AK Renewable Infra
By September 15, 2025October 28, 2025

ACME Solar Holdings Limited has announced the termination of its planned acquisition of AK Renewable Infra Private Limited. In a regulatory filing on September 14, 2025, the company stated that the share purchase agreement signed on September 5, 2025, with the target company and its existing shareholders has been cancelled. The decision was reached after mutual discussions between the parties. The agreement was formally terminated on September 13, 2025, in line with the provisions of…

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News | India | Renewable Energy

ACME Solar places 2 GWh battery storage order with Lishen
By September 9, 2025October 28, 2025

ACME Solar has placed an order for 2 gigawatt-hours (GWh) of battery energy storage systems (BESS) with Chuzhou Lishen New Energy Technology Co. Ltd. The order was routed through POSCO International Corporation and China FAW Group Import and Export Co. Ltd. According to ACME Solar, deliveries will take place in phases over the next six to ten months. The systems will be deployed across the company’s firm and dispatchable renewable energy (FDRE) projects as well…

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India | News | Renewable Energy

ACME Solar secures 50 MW FDRE project in Tata Power-D auction
By September 3, 2025October 29, 2025

ACME Solar Holdings Ltd has received a letter of award for developing a 50 MW firm and dispatchable renewable energy (FDRE) project at a tariff of Rs 4.43 per unit. The award came under Tata Power Company Limited’s 250 MW FDRE tender conducted by its distribution arm Tata Power-D. The FDRE tender was carried out through tariff-based competitive bidding, followed by an e-reverse auction on 13 August 2025. As part of the agreement, the project…

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Acme Solar board clears fundraising of Rs 3,000 crore
By August 29, 2025August 29, 2025

Acme Solar Holdings Limited has approved a proposal to raise up to Rs 3,000 crore. The matter will be placed before shareholders at the company’s annual general meeting on 29 September 2025. The fundraising plan enables the company to raise an aggregate amount of up to Rs 3,000 crore in one or more tranches. The funds may be mobilised through the issuance of equity shares or equity-linked instruments, using modes such as qualified institutional placement…

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Juniper Green and ACME secure financing for renewable projects
By August 19, 2025August 19, 2025

Juniper Green Energy has received debt financing of Rs 17.39 billion from the Indian Renewable Energy Development Agency Limited (IREDA). The funding will support the company and its subsidiaries in scaling renewable energy projects and expanding operational capacity. This follows Juniper’s $1 billion debt raise earlier in 2024 from IREDA, Power Finance Corporation Limited, DBS Bank, and HSBC Bank. Separately, ACME Hybrid Urja Private Limited, a wholly owned subsidiary of ACME Solar Holding Limited, has…

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India | News

ACME Solar orders 3.1 GWh of battery storage
By July 9, 2025July 9, 2025

ACME Solar Holdings has placed an order exceeding 3.1 GWh for battery energy storage systems (BESS) from Zhejiang Narada and Trina Energy. The order aims to secure high-efficiency, scalable storage solutions to support ACME’s expanding renewable energy portfolio. The delivery will be phased over the next four to eight months in fiscal year 2025–26. The systems will be deployed across ACME’s firm and dispatchable renewable energy projects and battery-linked installations. These projects are set to…

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ACME commissions solar and wind projects in Rajasthan and Gujarat
By June 25, 2025July 16, 2025

ACME Solar Holdings Private Limited has fully commissioned two renewable energy projects in Rajasthan and Gujarat through its subsidiaries. On June 24, 2025, ACME Sikar Solar Private Limited commissioned 60 MW of solar capacity in Bikaner, Rajasthan. This marked the completion of the 300 MW solar project awarded under Tranche-XVIII of Solar Energy Corporation of India (SECI). A day earlier, on June 23, 2025, ACME Pokhran Solar Private Limited commissioned 3.3 MW of wind capacity…

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ACME commissions 19.8 MW wind power in Gujarat
By June 17, 2025July 16, 2025

ACME Pokhran Solar Private Limited, a wholly-owned subsidiary of ACME Solar Holdings Limited, commissioned 19.8 MW wind power capacity in Shapar, Gujarat, on June 13, 2025. This forms part of its 50 MW grid-connected wind power project under Phase II of the Gujarat Phase III tender. The project is located in a high wind resource zone and is being developed by ACME Pokhran, a special purpose vehicle. It is financed by Power Finance Corporation (PFC)….

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ACME commissions 26.4 MW wind power under GUVNL Phase-III
By May 30, 2025May 30, 2025

ACME Pokhran Solar Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, commissioned 26.4 MW capacity under Phase-I of its 50 MW wind power project in Shapar, Gujarat. The commissioning took place on May 25, 2025. The project is part of the Gujarat Grid-Connected Wind Power Project (Phase III) awarded by Gujarat Urja Vikas Nigam Limited (GUVNL). ACME Solar secured the 50 MW capacity in July 2022 at a tariff of Rs 2.9…

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India | News

ACME Solar commissions 112.5 MW in Sikar
By May 23, 2025May 23, 2025

ACME Solar Holdings Limited has commissioned 112.5 MW of solar capacity as part of the second phase of its Sikar solar project in Bikaner, Rajasthan. Earlier this month, the company commissioned 52.5 MW. With these additions, the total commissioned capacity has reached 165 MW out of the planned 300 MW. The remaining 135 MW is under commissioning. Power from the project will be sold on power exchanges under a merchant model.

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