ACME Solar Holdings Ltd. has made significant strides in expanding its renewable energy capacity in India. On October 22, 2025, the company commissioned the first 28 MW phase of its 100 MW wind power project in Surendranagar, Gujarat. The project, known as ACME Ecoclean, features SANY 4 MW turbines and is financed by Power Finance Corporation (PFC). The power generated will be supplied to Gujarat Urja Vikas Nigam Ltd. under a 25-year Power Purchase Agreement (PPA).
Upon full commissioning, ACME Solar’s total renewable capacity will increase from 2,890 MW to 2,918 MW. This development is a notable step forward in India’s renewable energy ambitions. The company has also signed a 25-year PPA with Tata Power Company Ltd. (Tata Power-D) for its 50 MW Firm and Dispatchable Renewable Energy (FDRE) project. The PPA has been signed at a tariff of INR 4.43 per unit, with a minimum annual Capacity Utilisation Factor (CUF) of 40 percent and four hours of peak-hour supply with 90 percent availability on a monthly basis.
The FDRE project will combine multiple renewable energy technologies, including solar and Battery Energy Storage System (BESS), to meet the supply obligations as per the PPA. This milestone marks a significant achievement for ACME Solar, which has signed PPAs for a cumulative capacity of 600 MW and 550 MWh of standalone BESS projects in the current financial year. The company’s diversified portfolio spans solar, wind, storage, FDRE, and hybrid solutions, and it leverages its in-house EPC and O&M capabilities to execute projects efficiently while maintaining industry-leading performance.
These recent developments underscore ACME Solar’s expanding role in supporting India’s renewable energy ambitions. The company’s commitment to renewable energy is evident in its efforts to expand its capacity and provide clean energy solutions. With its strong portfolio and capabilities, ACME Solar is well-positioned to play a significant role in India’s transition to a more sustainable energy mix. As the country continues to strive for a cleaner and more sustainable energy future, companies like ACME Solar are leading the way in driving growth and innovation in the renewable energy sector.