ACME Solar Holdings Shares in Focus Following Commissioning of Battery Energy Storage Systems Projects
ACME Solar Holdings Share Price in Focus as Company Commissions Two Projects in Rajasthan
ACME Solar Holdings will remain in focus on April 7 following the company's commissioning of two different projects in the state of Rajasthan. The projects, undertaken by the company's wholly owned subsidiaries, mark significant milestones in the company's endeavors in the renewable energy sector.
ACME Sun Power has achieved a commissioned capacity of 133.336 MW / 641.980 MWh out of 300 MW/1409.34 MWh capacity of the Battery Energy Storage System (BESS) project located at Badi Sid in Rajasthan. The company's wholly owned subsidiary, ACME Sun Power, commissioned the fourth phase of the project, which has a capacity of 33.333 MW/160.48 MWh.
| Project Phase | Capacity (MW) | Energy Storage (MWh) |
|---|---|---|
| Phase IV | 33.333 | 160.48 |
| Total Commissioned | 133.336 | 641.98 |
| Project Capacity | 300 | 1409.34 |
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Additionally, ACME Suryodaya, another wholly owned subsidiary of ACME Solar Holdings, has commissioned the fifth phase of the BESS project located at Sanwara and Mehar Nagar in Rajasthan. The fifth phase has a capacity of 76 MW / 160.512 MWh, bringing the company's commissioned capacity to 247 MW / 521.652 MWh out of 285 MW / 601.904 MWh.
| Project Phase | Capacity (MW) | Energy Storage (MWh) |
|---|---|---|
| Phase V | 76 | 160.51 |
| Total Commissioned | 247 | 521.65 |
| Project Capacity | 285 | 601.90 |
The commercial operation date (COD) for the fifth phase of the project is scheduled for April 8, 2026.
Investor Takeaway
Investors should keep an eye on ACME Solar Holdings' share price as the company continues to commission new projects.
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