ACME Solar Holdings Ltd News

Here's why ACME Solar Holdings share price rose 3% in trade on December 24

The northward movement in the ACME Solar Holdings share price came after the company announced that it has incorporated a wholly owned subsidiary (WOS), ACME Greentech Sixteen Private Limited

ACME Solar secures ₹4,725 crore funding for renewable energy projects

ACME Solar Holdings on Thursday said it has secured Rs 4,725 crore financing from leading Indian financial institutions to fund renewable energy projects and optimise its capital structure by reducing financing costs. The capital raise includes financing and refinancing arrangements with tenors ranging from 18 to 20 years for the projects, a company statement said. According to the statement, the ACME Solar Holdings Ltd (ACME Solar), through its subsidiaries, has secured debt tie-up of Rs 4,725 crore from leading Indian financial institutions to fund the renewable energy projects and optimise its capital structure by reducing financing costs. Under the New Greenfield Financings, the company has got Rs 2,716 crore from Power Finance Corporation Ltd (PFC Ltd) for the 300 MW ACME Sigma FDRE project, a renewable energy initiative equipped with four hours of battery storage. It has also got its first greenfield project financing for Acme from National Bank for Financing Infrastructure .

Here's why ACME Solar Holdings share price rose 3% in trade on Nov 25

ACME Solar has cumulatively signed PPAs for 800 MW of contracted capacity, which includes 2,320 MWh of BESS capacity in the current financial year

ACME Solar commissions additional 16 MW of Gujarat wind power project

ACME Solar Holdings on Thursday said it has commissioned an additional 16 MW of its 100 MW wind power project, located in Surendaranagar, Gujarat. This follows the first phase commissioning of 28 MW in October, 2025, a company statement said. The current commissioning takes the project's operational capacity to 44 MW out of the 100 MW to be commissioned in phases. It has enhanced ACME Solar's total operational capacity to 2,934 MW. Recently, the project was granted an extension to its Scheduled Commercial Operation Date (SCOD) by the Gujarat Electricity Regulatory Commission (GERC). The revised SCOD date is March 5, 2026 and the project has been early commissioned with part capacity of 44 MW in first two phases. This wind power project has been financed through Power Finance Corporation (PFC). The power generated from the project will be sold through the 25-year Power Purchase Agreement (PPA) signed between ACME Eco Clean and Gujarat Urja Vikas Nigam Ltd. The commissioning was .

ACME Solar bags 400 MW firm, dispatchable renewable project from SJVN

ACME Solar Holdings Ltd on Tuesday announced it has secured a 400 MW/1,800 MWh firm and dispatchable renewable energy project from SJVN. The project has been secured at a tariff of INR 6.75/unit for 25 years, ACME Solar Holdings Ltd (ACME Solar) said in a statement. The tender was issued under Tariff-Based Competitive Bidding (TBCB) guidelines for which an e-reverse auction was held on October 9, 2025 and LoA was received on November 10. The project requires supplying power of only 4 MWh per MW of capacity during any four-hour period each day within the peak demand window with 90 per cent availability on a monthly basis. The project would integrate Solar of 300 MW and Battery Energy Storage System (BESS) technology of approximately 1800 MWh to meet the supply requirements. This project will utilise night-time connectivity available with ACME Solar at high irradiation zones in Rajasthan. This will be ACME Solar's first project to use Indian made solar cells (under ALMM List-II). A

ACME Solar Q2 results: Profit up seven-fold to ₹115 cr on higher revenue

ACME Solar Holdings Ltd has posted a more than seven-fold jump in its consolidated net profit to Rs 115.06 crore for the second quarter of this fiscal on higher revenue. Its net profit stood at Rs 15.2 crore in the year-ago period. Total income also more than doubled to Rs 601.36 crore in the July-September period of this fiscal from Rs 295.14 crore in the corresponding period of the preceding year, according to a regulatory filing on Monday. The company partially commissioned 28 MW out of 100 MW wind project in Gujarat, taking the cumulative commissioned capacity to 378 MW. ACME Solar Holdings Ltd is a pure play, fully integrated renewable energy company in India with a diversified portfolio across solar, wind, storage, hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects. The company is one of the leading renewable energy independent power producers in the country, with an operational capacity of 2,918 MW and under construction capacity of 4,472 MW, including 13.5 G

ACME Solar, Tata Power sign PPA for 50 MW firm and dispatchable project

ACME Solar Holdings on Friday announced signing an agreement with Tata Power Company Ltd for a 50 MW firm and dispatchable renewable energy project. An FDRE project integrates advanced solar, wind and battery energy storage systems (BESS) to enable reliable energy dispatch during peak demand. In a statement, ACME Solar Holdings said its "SPV has signed a 25 years Power Purchase Agreement (PPA) with the Tata Power Company Limited (Tata Power-D) for its 50 MW Firm and Dispatchable Renewable Energy (FDRE) project on 16 October 2025." The project was awarded in September 2025. The PPA has been signed at a tariff of Rs 4.43 per unit for a minimum annual Capacity Utilization Factor (CUF) of 40 per cent and four hours of peak-hour supply with 90 per cent availability on a monthly basis. This project would combine multiple renewable energy technologiesincluding Solar and Battery Energy Storage System (BESS) to meet the supply obligations as per the PPA. With this, the company has signed PP

Analysts see up to 34% upside in ACME Solar Holdings stock; here's why

ACME Solarcontinues to actively bid for utility-scale projects, and incremental awards are essential for building earnings visibility into FY29 and beyond.

ACME Solar secures ₹1,100 cr SBI funding for 300 MW project in Rajasthan

ACME Solar Holdings on Tuesday said it has raised Rs 1,100 crore in domestic funding from the State Bank of India for its 300 MW renewable energy project in Rajasthan. The funds will be utilised to refinance the existing debt and reduce financing cost by around 100 bps for the Rajasthan project. This refinancing has been secured from the State Bank of India (SBI) for a tenure of approximately 17 years. ACME Solar Holdings said the refinancing is consistent with the company's strategy to optimize financing costs across its portfolio and strengthen its credit profile through rating upgrades. The 300 MW renewable energy project in Rajasthan has an operational track record of about six months and has consistently maintained optimum capacity utilization factor (CUF) levels. The reduced cost of debt enables ACME Solar to strengthen its financial position further as it pursues significant capacity growth over the next few years. ACME Solar Holdings is an integrated renewable energy play

ACME Solar Holdings rises 5% as arm wins ₹3,892-crore order from SBI

ACME Solar Holdings shares rose 5.1 per cent on Thursday after the company's subsidiary ACME Venus Urja won an order worth ₹3,892 crore for a 400 MW FDRE Project

Solar power stocks trade mixed; check which is best bet for your portfolio

Among solar-related stocks, ACME Solar Holdings has surged up to 55% so far this year; technical charts hint at favourable bias for AMCE and other 2 solar energy-related shares.

ACME Solar places 2 GWh battery storage order via Posco, China FAW

ACME Solar has ordered 2 GWh of battery energy storage from Chuzhou Lishen through POSCO and China FAW Group, taking cumulative procurement beyond 5 GWh

Here's what drove ACME Solar Holdings shares to a 52-week high in trade

ACME Solar Holdings, which listed on the NSE at ₹251 on November 13, 2024, is now trading 25 per cent above its listing price

ACME Solar jumps 6% on securing this deal from Tata Power; key details here

ACME Solar reported strong earnings for Q1FY26, with revenue from operations jumping 71 per cent year-on-year (Y-o-Y) to ₹584 crore, compared to ₹340 crore in the same quarter last year.

ACME Solar Holdings seeks shareholders' nod to raise up to ₹3,000 crore

ACME Solar Holdings will seek approval of shareholders to raise up to Rs 3,000 crore through the issuance of securities. According to a notice for the annual general meeting scheduled on September 29, 2025, the company proposes to raise capital of up to an amount not exceeding Rs 3,000 crore, in one or more tranches, by way of one or more private offerings, and/or qualified institutions placement of, and/ or further public offer and/or any other permitted modes. The proposed special resolution seeks to confer upon the board the absolute discretion to issue securities in one or more tranches, determine the terms of the aforementioned issuance of securities, including the exact price, proportion and timing of such issuance, based on analysis of the specific requirements. The company is a pure play renewable energy producer in India with a diversified portfolio comprising solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) projects. It has an operational capacity of

Acme Solar to raise ₹3,000 cr via equity, securities in tranches

Acme Solar Holdings board on Wednesday approved a proposal to raise Rs 3,000 crore in multiple tranches. At its meeting, the company's board also approved the re-appointment of Shashi Shekhar as Vice-Chairman and Whole-Time Director on the recommendation of its Nomination and Remuneration Committee, for a period of one year from the completion of his present term, i.e. with effect from April 9, 2026. The board cleared the proposal of "raising of funds for an aggregate amount not exceeding Rs 3,000 crore in one or more tranches, through issuance of equity shares or any other equity-linked instruments or securities, through permissible modes, including but not limited to, qualified institutional placement (QIP), further public offer (FPO), private placement and/or combination thereof, as may be considered appropriate under applicable laws, subject to such regulatory/statutory approvals". Both proposals are subject to approval of the members of the company at the ensuing annual general

ACME Solar rises 7% as board to consider fundraise on August 27

ACME Solar Holdings shares spiked 6.6 per cent, after the company, through an exchange filing, said that its board announced to consider fund raising in a meeting on Wednesday, August 27, 2025

ACME Solar secures ₹15,000 crore debt funding for greenfield projects

The company wants to increase capacity to 7 Gw by 2028 through hybrid and renewable projects, including firm and dispatchable renewable energy (FDRE), he said

Acme Solar Holdings shares jump 10% post Q1 earnings; check details

The renewable energy solutions provider reported a 71 per cent surge in revenue from operations to ₹584 crore in Q1FY26

ACME Solar soars 8%, nears record high; Elara Capital sees 15% more upside

Elara Capital initiates coverage on ACME Solar with a Buy rating and target price of ₹325 per share.