ACME Targets Rs 10,000cr Revenues From Solar Module, Cell Biz Updated On Mon, Apr 7th, 2025 by Saurenergy ACME Group is aiming to generate Rs 10,000 crore in revenue by 2030 from its solar module and cell manufacturing operations, as part of a broader strategy to diversify beyond renewable energy generation. The Gurgaon-based company has entered the solar equipment manufacturing sector with an investment of Rs 230 crore. Its new module manufacturing facility […] Read more
COVER STORY: India’s Different Path For Solar Module Manufacturing Updated On Fri, Mar 21st, 2025 by Saurenergy On February 17, the Ministry of New and Renewable Energy (MNRE) issued its latest ALMM (Approved List of Models and Manufacturers) list. The issuing of the much-awaited list has been increasing in frequency over the year, as the rate of addition of new firms and module manufacturing capacity picks up pace. From just 26 manufacturers […] Read more
ACME Solar To Focus On FDRE, Hybrid Projects, Invest Rs 17k cr Updated On Mon, Mar 3rd, 2025 by Saurenergy ACME Solar Holdings plans to invest Rs 17,000 crore to boost renewable energy capacity to 5 GigaWatts (GW) by 2026, the top management of the company told journalists. In an interaction with reporters, Nikhil Dhingra, CEO of ACME Solar discussed its future roadmap. The company, which was till now confined to vanilla solar projects and […] Read more
Q3 FY25: ACME Solar’s PAT Up By 152% YoY, PAT Margin At 28% Updated On Wed, Jan 29th, 2025 by Saurenergy ACME Solar Holdings, in its Q3 FY25 financial results, reported a 152% year-over-year (YoY) increase in Profit After Tax (PAT). It also reported a 632.5% jump in its net profit on a Quarter-On-Quarter (QoQ) basis. The PAT margin reached 28%, while the net debt-to-equity ratio stood at 1.6x. The company’s total revenue increased by 9.9% […] Read more
News In Brief Jan 24: ACME Solar, LONGi, Sungrow, Qcells Updated On Fri, Jan 24th, 2025 by Saurenergy Rajasthan: ACME Solar Operational RE Capacity Touches 2.54 GW ACME Solar Holdings through its subsidiaries ACME Deoghar Solar Power and ACME Phalodi Solar Energy, has commissioned the remaining capacity of 47 MW and 39.95 MW, respectively. The company commissioned these projects in Rajasthan. The company said in a regulatory filing, “These two plants are now […] Read more
ACME Solar Commissions 90 MW Solar Project In Rajasthan Updated On Thu, Jan 9th, 2025 by Saurenergy ACME Solar Holding (ASHL) has now commissioned an additional aggregate capacity of 90 MW of solar power projects in Rajasthan. The company secured this project through its subsidiaries, viz. ACME Dhaulpur Powertech Private Limited and ACME Raisar Solar Energy Private Limited, to commission the remaining capacity of 62 MW and 28 MW, respectively. These two […] Read more
ACME Solar Appoints Dinesh Chadha As President, Renewable Energy (Senior Management) Updated On Tue, Jan 7th, 2025 by Saurenergy Gurugram-based ACME Solar has announced the appointment of Dinesh Chadha as the President, Renewable energy of the company. The company said in a regulatory filing, “Dinesh Chadha holds a bachelor’s degree in Electrical Engineering from Nagpur University. Before joining Acme Solar, he served as the Managing Director at Linxon India (earlier ABB India) for India […] Read more
Winning Bids Cross Rs 3/kWh In SECI’s 1 GW Solar Tender Updated On Thu, Dec 26th, 2024 by Saurenergy In an ominous sign of changing market dynamics, SECI’s 1000 MW Tranche XVIII tender for ISTS connected solar projects has attracted winning bids, all over Rs 3/kWh. The tender, released in September this year, has ReNew Solar Power( 250 MW at Rs 3.04), Acme Solar holdings (300 MW at Rs 3.05) and Adani Green Energy […] Read more
ACME Solar Commissions 1 GW Solar Projects In Rajasthan Updated On Thu, Dec 19th, 2024 by Saurenergy Haryana-based ACME Solar Holdings Limited (ASHL), has now commissioned its four ISTS-connected SECI projects. These solar projects aggregated to 1.02 GW are located in Jaisalmer, Rajasthan. They are part of a 1200 MW cluster spread over 4 projects. This achievement marks the commissioning of one of the largest single-location projects in India. The remaining capacity […] Read more
