ACME Solar Holdings Ltd (ACME Solar), through its various subsidiaries, has commissioned an 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 the existing operational Inter-State Transmission System (ISTS) and will run on a merchant basis, generating an 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 a leading integrated renewable energy player with a diversified portfolio of 8,071 MW spanning solar, wind, storage, FDRE and hybrid solutions, and an operational contracted capacity of 2,978 MW and ~1.0 GWh of BESS capacity and under construction contracted capacity of 5,093 MW, including ~16 GWh of BESS installation. The under-construction PPA signed portfolio stands at 3,292 MW.
With an in-house EPC and O&M division, the company does end-to-end development and O&M of the plants, thereby delivering projects in a time & cost-effective manner while ensuring best-in-class operating performance evident in its industry-leading CUF and operating margins.
