Solar power company ACME Solar orders 3.1 Gigawatt-hour battery storage for India's largest procurement of energy storage systems.
In a significant move for India's renewable energy sector, ACME Solar Holdings has placed a substantial order for Battery Energy Storage System (BESS) equipment from Zhejiang Narada and Trina Energy. This order, valued within the company's budgeted costs, is one of the largest battery storage procurements in India to date, marking a significant stride in the country's quest for cleaner and more sustainable energy solutions.
The order, totalling over 3.1 GWh of BESS equipment, will be utilised to support the deployment of ACME Solar's renewable energy projects across multiple states in India. The systems are designed to enhance grid stability, a crucial aspect as the country's renewable energy sector continues to expand.
ACME Solar's renewable energy projects include Firm & Dispatchable Renewable Energy (FDRE) and battery-linked projects, scheduled for commissioning over the next 12 to 18 months. The integration of these systems into these projects is expected to accelerate project execution timelines, enabling timely revenue realization and supporting faster deployment of renewable infrastructure.
The BESS equipment complies with International Electrotechnical Commission (IEC) and Underwriters Laboratories (UL) standards, ensuring best-in-class safety, performance, and reliability. This compliance is vital for the long-term success and trustworthiness of energy storage deployments in India.
The order significantly boosts ACME Solar's storage capabilities, adding to their existing portfolio of 6.97 GW in renewables and energy storage, including 530 MWh of storage capacity. This expansion supports India's goal of integrating higher shares of renewable energy into the grid.
ACME Solar handles end-to-end project development and maintenance through its in-house Engineering, Procurement, and Construction (EPC) and operations divisions. Delivery of the BESS equipment is planned in phases over the next four to eight months of the current fiscal year.
At the time of publication, the shares of ACME Solar Holdings were trading at ₹255.80 on the National Stock Exchange (NSE), with a rise of ₹6.23 or 2.50 per cent. The company's strong execution track record has reportedly led to a target price boost to ₹347.
Meanwhile, shares of Waaree Energies, another prominent player in India's renewable energy sector, have cooled off after a rally following a new US contract win.
This article was published on July 7, 2025.
- The substantial BESS equipment order placed by ACME Solar Holdings from Zhejiang Narada and Trina Energy, valued within their budgeted costs, is one of the largest battery storage procurements in India to date.
- This order, totalling over 3.1 GWh of BESS equipment, will be utilized to support the deployment of ACME Solar's renewable energy projects across multiple states in India, aiming to enhance grid stability.
- The systems, designed to support the expansion of India's renewable energy sector, are compliant with International Electrotechnical Commission (IEC) and Underwriters Laboratories (UL) standards, ensuring best-in-class safety, performance, and reliability.
- ACME Solar handles end-to-end project development and maintenance, with the delivery of the BESS equipment planned in phases over the next four to eight months of the current fiscal year.
- At the time of publication, the shares of ACME Solar Holdings were trading at ₹255.80 on the National Stock Exchange (NSE), with a rise of ₹6.23 or 2.50 percent, possibly as a result of their strong execution track record.
- In the same industry, shares of Waaree Energies, another prominent player in India's renewable energy sector, have cooled off after a rally following a new US contract win.
