Key Takeaways
- ACME Solar has successfully commissioned 52 MW of a 100 MW wind power project in Surendranagar, Gujarat.
- The latest phase involved the commissioning of an 8 MW capacity, part of a larger 25-year Power Purchase Agreement with Gujarat Urja Vikas Nigam Limited.
- ACME Solar’s overall operational capacity stands at 2,942 MW, with an additional 4,578 MW under construction, including battery energy storage systems.
Project Completion and Agreement
ACME Solar has completed the commissioning of 52 MW of its 100 MW wind power project located in Surendranagar, Gujarat. This phased project is managed through ACME Eco Clean Energy Pvt Ltd, a subsidiary of ACME Solar Holdings Limited. The latest phase saw the addition of an 8 MW capacity, further increasing the project’s output.
The electricity generated from this wind power initiative will be sold under a 25-year Power Purchase Agreement (PPA) signed with Gujarat Urja Vikas Nigam Limited, ensuring a long-term revenue stream for the company. This agreement demonstrates ACME Solar’s commitment to providing renewable energy solutions to the region.
Company Overview
Gurugram-based ACME Solar is recognized as a leading player in the integrated renewable energy sector, focusing on a diversified portfolio that includes solar, wind, storage, flexible dispatch renewable energy (FDRE), and hybrid solutions. The company boasts an operational capacity of 2,942 MW, emphasizing its established presence in the renewable energy market.
In addition, ACME Solar has 4,578 MW of capacity currently under construction, which highlights its aggressive growth strategy. Among these developments, 15 GWh of Battery Energy Storage Systems (BESS) installations are also part of the ongoing projects, indicating a significant investment in energy storage technology, crucial for enhancing grid reliability and efficiency.
Through these initiatives, ACME Solar continues to solidify its role in advancing renewable energy solutions in India, contributing to the nation’s sustainability goals and reducing dependency on fossil fuels.
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