ACME Solar Holdings Ltd. (ACME Solar), through its various subsidiaries, has commissioned additional 155 MW /470.25 MWh of Battery Energy Storage System (BESS). With this milestone, the company?s total commissioned BESS capacity stands at 297.67 MW /951.74 MWh, out of total planned BESS capacity of 835 MW /3,114.64 MWh across these SPVs. Located in the state of Rajasthan, these BESS are connected with existing operational Inter-State Transmission System (ISTS) and will run on merchant basis, generating additional revenue stream through price differential between peak and non-peak demand hours.
These BESS projects are designed to enhance grid reliability and optimise power utilisation by charging batteries during non-peak demand periods and discharging during peak demand periods. This capability will play a critical role in balancing energy supply and demand while improving the overall grid stability.
ACME Solar Holdings Limited is an India-based integrated renewable energy player with a diversified portfolio spanning solar, wind, storage, FDRE and hybrid solutions. The Company develops, builds, owns, operates and maintains utility-scale renewable energy projects and sells renewable power to various off-takers, including central and state government-backed entities. The Company also acts as owners, manufacturers, engineers, procurers, buyers, sellers, distributors, dealers and contractors for setting up power plants using glass-based mirrors, photovoltaic, boilers, turbines and/or other equipment for generating, distributing and supplying sources of electricity and other products using solar, fossil and alternate source of energy. Its portfolio includes ACME Solar Technologies (Gujarat) Private Limited, ACME Odisha Solar Power Private Limited, Acme Raipur Solar Power Private Limited, Aarohi Solar Power Private Limited, ACME Eco Clean Energy Private Limited, and others.
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