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ACME Solar Holdings Ltd. ( (IN:ACMESOLAR) ) just unveiled an announcement.
ACME Solar Holdings Limited has commissioned the first phase of its large-scale Battery Energy Storage System project in Rajasthan, bringing 33.335 MW/160.48 MWh of capacity online out of a planned 300 MW/1400 MWh. The initial phase, operated via wholly owned unit ACME Sun Power Private Limited, will achieve commercial operation from March 8, 2026, marking a significant step in expanding grid-supportive storage infrastructure.
The partial commissioning underscores ACME Solar’s push into energy storage as a complement to its solar portfolio, enhancing its position in India’s renewable power sector. The project’s rollout in Rajasthan, a key renewable hub, is expected to strengthen operational capabilities in balancing intermittent solar generation and could improve service reliability for offtakers and grid stakeholders.
More about ACME Solar Holdings Ltd.
ACME Solar Holdings Limited is an India-based renewable energy company focused on solar power generation and related clean energy solutions. Operating through subsidiaries such as ACME Sun Power Private Limited, the group develops and manages utility-scale projects, including advanced battery energy storage systems to support grid stability in key markets like Rajasthan.
Average Trading Volume: 94,912
Technical Sentiment Signal: Strong Sell
Current Market Cap: 140.1B INR
Learn more about ACMESOLAR stock on TipRanks’ Stock Analysis page.