Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
ACME Solar Holdings Ltd. ( (IN:ACMESOLAR) ) has shared an announcement.
ACME Solar Holdings Limited has won a bid to supply 130 MW of round-the-clock renewable energy to Indian Railways as part of REMCL’s 1000 MW tender. The project will require ACME Solar to provide a consistent power supply using solar, wind, and energy storage systems, with a minimum availability of 75% for the first three years and 85% thereafter. This achievement underscores the competitiveness of renewable energy and strengthens ACME Solar’s position in the industry.
More about ACME Solar Holdings Ltd.
ACME Solar Holdings Limited is a leading integrated renewable energy company with a diverse portfolio that includes solar, wind, storage, FDRE, and hybrid solutions. The company has an operational contracted capacity of 2,934 MW and an under-construction capacity of 4,456 MW, including 13.5 GWh of battery energy storage systems. ACME Solar is known for its in-house EPC and O&M divisions, which enable it to deliver projects efficiently while maintaining high operating performance and margins.
Average Trading Volume: 114,982
Technical Sentiment Signal: Strong Sell
Current Market Cap: 144.2B INR
For a thorough assessment of ACMESOLAR stock, go to TipRanks’ Stock Analysis page.