ACMESOLARNSEAcme Solar Holdings LimitedMinimalNeutral
Announced Wed, 22 Apr · 08:29 IST

Acme Solar Holdings Limited has informed the Exchange regarding a press release dated April 22, 2026, titled "ACME Solar has achieved major milestone of cumulatively operationalising 2 GWh BESS capacity in Rajasthan".

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AI summary

ACME Solar Holdings Limited announced it has cumulatively operationalized more than 2 GWh of Battery Energy Storage System (BESS) capacity in Rajasthan, becoming one of the first Indian renewable energy companies to achieve this scale of energy storage deployment. The company's total operational BESS capacity stands at 591.18 MW / 2031.24 MWh across various subsidiaries in Rajasthan. ACME Solar has a diversified renewable energy portfolio of 8,071 MW spanning solar, wind, storage, FDRE and hybrid solutions, with 2,990 MW of operational contracted capacity currently. The company plans to operationalise 10 GWh of BESS by 2027, with 5,081 MW under construction including ~15 GWh of BESS installation. The BESS projects are designed to enhance grid reliability by charging during non-peak demand and discharging during peak demand periods.

Likely market impact

This milestone demonstrates ACME Solar's leadership position in India's emerging BESS market and validates its growth trajectory toward the 10 GWh target by 2027. The significant under-construction BESS pipeline of 15 GWh signals strong future capacity growth potential, which could be positive for the company's revenue outlook and market share in the energy storage segment.