ACME Solar Commissions New Solar and Battery Storage Capacity

ACME Solar Holdings Limited commissioned 66.68 MW solar capacity at its Rajasthan project.
The company also commissioned 300 MWh battery energy storage system capacity during Phase-I development.

Reader Takeaway: Capacity expansion improves renewable growth visibility, while execution timelines remain key.

What just happened

ACME Solar announced the commissioning of Phase-I capacity for its hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects located at Kelan Village in Bikaner, Rajasthan.

The commissioned solar capacity forms part of a larger 300 MW solar project that also includes 100 MW of wind capacity. The project has secured financing from Power Finance Corporation and has a power purchase agreement with NTPC Limited.

The company also commissioned Phase-I of its battery energy storage system project, adding 300 MWh capacity. The broader BESS project has a planned capacity of 300 MW / 1,581 MWh, with the power purchase agreement signed with SJVN Limited and long-term financing arranged through REC.

Why this matters

The commissioning strengthens ACME Solar’s operating renewable portfolio and adds storage capability, a key requirement for round-the-clock renewable power solutions.

Following these additions, the company’s total operational renewable capacity has increased to approximately 3,057 MW. Its operational battery energy storage capacity has crossed 4 GWh, reaching 4.16 GWh.

What changes now

ACME Solar has set a target to complete the remaining solar and BESS capacities of these projects by Q3 FY27.

The company’s progress will depend on timely execution of the remaining project phases, grid integration and operational performance of the newly commissioned assets.

Risks to watch

Investors will track project completion schedules, execution costs and the company’s ability to scale renewable and storage capacity as planned.

Large renewable projects also depend on factors such as financing arrangements, power purchase agreements and timely infrastructure development.

Context metrics

ACME Solar’s operational renewable capacity stands at around 3,057 MW after the latest commissioning update. Its operational BESS capacity has reached 4.16 GWh.

What to track next

The key milestone remains the planned completion of the full 300 MW solar project and the 300 MW / 1,581 MWh BESS project by Q3 FY27.