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ACME Solar Holdings Ltd. ( (IN:ACMESOLAR) ) has shared an update.
ACME Solar Holdings Limited has secured a 301 MW/1,204 MWh assured peak supply FDRE project in SECI’s FDRE-VII auction, requiring four hours of daily supply during non-solar hours with stringent monthly and annual availability thresholds. The win lifts ACME Solar’s total contracted portfolio to 8,071 MW across multiple renewable technologies, reinforcing its position in India’s evolving firm and dispatchable green power market and leveraging existing night-time grid connectivity and battery storage integration to meet increasingly demanding reliability requirements.
More about ACME Solar Holdings Ltd.
ACME Solar Holdings Limited is an integrated renewable energy company with a diversified 8,071 MW contracted portfolio across solar, wind, battery storage, firm and dispatchable renewable energy (FDRE), round-the-clock (RTC) and hybrid solutions. The company has 2,962 MW of operational contracted capacity and 5,109 MW under construction, including about 17 GWh of battery energy storage systems, and executes projects end-to-end through its in-house EPC and O&M divisions to deliver high plant performance and operating margins.
Average Trading Volume: 112,380
Technical Sentiment Signal: Strong Sell
Current Market Cap: 139.3B INR
Learn more about ACMESOLAR stock on TipRanks’ Stock Analysis page.