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ACME Solar Holdings Ltd. ( (IN:ACMESOLAR) ) has shared an announcement.
ACME Solar Holdings Ltd. has crossed a significant benchmark by cumulatively operationalising more than 2 GWh of battery energy storage system capacity in Rajasthan, making it one of the first Indian renewable energy players to deploy storage at this scale. The company’s operational battery portfolio in the state now totals 591.18 MW / 2,031.24 MWh across subsidiaries, supporting its plan to reach 10 GWh of storage capacity by 2027.
These battery projects are engineered to charge during off-peak periods and discharge during peak demand, enhancing grid reliability, improving power utilisation, and helping balance supply and demand on the network. The milestone strengthens ACME Solar’s position in India’s fast-growing renewable and storage market, signaling greater operational depth in managing intermittency and providing more stable power for offtakers and the broader grid ecosystem.
More about ACME Solar Holdings Ltd.
ACME Solar Holdings Ltd. is a leading integrated renewable energy company in India with a diversified 8,071 MW portfolio spanning solar, wind, energy storage, firm and dispatchable renewable energy, and hybrid solutions. It operates 2,990 MW of contracted capacity and about 2.0 GWh of battery energy storage, with a further 5,081 MW and roughly 15 GWh of storage under construction under long-term power purchase agreements.
Average Trading Volume: 145,454
Technical Sentiment Signal: Strong Buy
Current Market Cap: 172.9B INR
Find detailed analytics on ACMESOLAR stock on TipRanks’ Stock Analysis page.