News & Filings
ACMESOLAR \u2014 Recent Activity
7 items in the last 14 days
ACME Solar adds 155MW BESS in Rajasthan, India
The BESS projects enhance grid reliability by storing energy off-peak and releasing it during peak demand times.
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ACME Solar signs 25-year PPA with SECI for solar-battery storage project
The latest PPA is part of an LoA issued by SECI to ACME Solar last July for a total capacity of 350MW.
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Indian renewable energy firm SAEL Industries files for $521 million IPO
(Reuters) -Renewable energy firm SAEL Industries has filed draft documents late Monday for a stock market listing valued at 45.75 billion rupees ($520.51 million).
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Indian power regulator takes up solar firms' plea on losses due to transmission delays
By Sethuraman N R NEW DELHI (Reuters) -India's federal power regulator has admitted petitions filed by two renewable energy developers seeking compensation for financial losses incurred due to delays
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Central Indian state secures record-low price for solar-plus-storage power project
The central Indian state of Madhya Pradesh has secured India’s lowest-ever price for buying solar power backed by battery storage in a clean energy auction, a top state official said, in a deal that could reshape how states buy power. CEIGALL India and ACME Solar won the tenders to supply clean power to Madhya Pradesh at 2.70 rupees (about 3 U.S. cents) per kWh and 2.764 rupees per kWh, respectively, the official said on Saturday. The lower price at which solar power can be supplied using batt
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India revokes grid access for 17 GW of clean energy projects, says source
NEW DELHI (Reuters) -India has cancelled grid access for nearly 17 gigawatts (GW) of delayed clean energy projects to prioritise connections for those that are operational or nearing completion, according to a source familiar with the matter and official documents reviewed by Reuters. The state-run Central Transmission Utility of India Ltd (CTUIL) informed companies including Adani Green Energy, ReNew Power, NTPC, Avaada Group, JSW Energy, and ACME Solar about the cancellations, the documents s
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India’s stalled renewable power capacity soars above 50GW
The increase in stranded projects is due to incomplete transmission infrastructure and legal hurdles.
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