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.

Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, has signed a power purchase agreement (PPA) with Tata Power Mumbai Distribution for an 80 MW firm and dispatchable renewable energy (FDRE) project. The project will integrate solar, wind, and battery storage and is expected to be completed within 24 months. Once operational, it will generate approximately 315 million units (MUs) of electricity annually, mitigating over 0.25 million tonnes of carbon dioxide emissions per year.

A key feature of the project is its ability to provide a four-hour peak power supply with 90% availability during peak demand hours. The clean energy generated will be integrated into Tata Power’s Mumbai distribution network, catering to around 800,000 residential, commercial, and industrial customers. This project will help Tata Power Mumbai Distribution meet its Renewable Purchase Obligation (RPO), as mandated by the State’s Regulatory Commission.

With the addition of this PPA, TPREL’s total renewable utility capacity now stands at 11.3 GW, with 9.4 GW under PPAs and 5.7 GW under implementation. The company’s operational capacity is 5.6 GW, comprising 4.6 GW of solar and 1 GW of wind power. TPREL also has a significant solar EPC portfolio, including 15.7 GWp utility-scale projects and 3 GW of rooftop and distributed systems.

The project is a significant step towards increasing the use of renewable energy in India and reducing carbon emissions. As the world transitions towards cleaner and more sustainable energy sources, such initiatives are crucial in mitigating climate change. The completion of this project is expected to have a positive impact on the environment and contribute to India’s renewable energy goals. With its strong portfolio and commitment to renewable energy, TPREL is poised to play a major role in shaping India’s energy landscape.

The announcement of this project comes at a time when the importance of renewable energy is being increasingly recognized. As the demand for clean energy continues to grow, companies like TPREL are at the forefront of this transition, driving innovation and investment in the sector. The success of this project will not only benefit the environment but also contribute to the growth and development of the renewable energy industry in India.

The project’s ability to provide firm and dispatchable power will also help to address the intermittency challenges associated with renewable energy sources. The integration of battery storage will enable the project to supply power during peak demand hours, reducing the strain on the grid and providing a reliable source of clean energy. Overall, this project is a significant step forward in India’s transition to a more sustainable and renewable energy-based economy.