ACME Solar Share Price Jumps Nearly 4.3%; Company Commissions Additional 155 MW BESS Capacity

Om DSIJ/ 24 Mar 2026 /Categories: Mindshare, Trending

ACME Solar Share Price Jumps Nearly 4.3%; Company Commissions Additional 155 MW BESS Capacity

ACME Solar Expands Energy Storage Portfolio; Total Commissioned BESS Capacity Reaches 297.67 MW

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On Tuesday, Solar-holdings-ltd-287433">ACME Solar's share price jumped 4.3 per cent. The stock is trading 43.5 per cent above its 52-week low of Rs 172.63 recorded on April 7, 2025, following recent developments. ACME Solar Holdings commissioned additional Battery Energy Storage System (BESS) capacity in Rajasthan. As of March 24, 2026, the ACME Solar Holdings share price was trading at Rs 250.

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ACME Solar commissions an additional 155 MW / 470 MWh of Battery Energy Storage System in Rajasthan

ACME Solar Holdings Limited, through its various subsidiaries, has commissioned an additional 155 MW / 470.25 MWh of Battery Energy Storage System capacity. With this, the company's total commissioned BESS capacity now stands at 297.67 MW / 951.74 MWh, out of a total planned BESS capacity of 835 MW / 3,114.64 MWh across these Special Purpose Vehicles. The newly commissioned projects are located in the state of Rajasthan and are connected with the existing operational Inter-State Transmission System. These projects will operate on a merchant basis, generating an additional revenue stream through price differentials between peak and non-peak demand hours.

Two Subsidiaries Drive the Latest Commissioning Milestone

The 155 MW capacity addition has been achieved through two subsidiaries of ACME Solar Holdings. ACME Suryodaya Private Limited commissioned 95 MW in the fourth phase of its project in Jaisalmer, taking its total commissioned capacity to 171 MW out of the planned 285 MW.

In addition, ACME Surya Power Private Limited commissioned 60 MW in the first phase of its project in Bikaner, out of a total planned capacity of 250 MW. Both projects are scheduled to begin commercial operations on March 25, 2026.

How These Projects Will Operate

Battery Energy Storage System projects are built to enhance grid reliability and optimise power utilisation by charging batteries during non-peak demand periods and discharging during peak demand hours. This operational mechanism is intended to play a role in balancing energy supply and demand while contributing to overall grid stability.

About ACME Solar Holdings Limited

ACME Solar Holdings Limited is an integrated renewable energy company with a diversified portfolio of 8,071 MW across solar, wind, energy storage, firm and dispatchable renewable energy (FDRE), and hybrid solutions. The company has an operational contracted capacity of 2,978 MW, along with approximately 1.0 GWh of Battery Energy Storage System (BESS) capacity.

Further, ACME Solar has 5,093 MW of contracted capacity under Construction, which includes around 16 GWh of BESS installations. Out of this, 3,292 MW is backed by signed Power Purchase Agreements (PPAs). The company also operates in-house Engineering, Procurement, and Construction (EPC) as well as Operations and Maintenance (O&M) divisions, enabling end-to-end development and efficient management of its renewable energy assets.