ACME Solar

How World Record Low Solar Prices Moved Out of India

Back in 2016, when Acme Solar surprised, nay, shocked everyone with a bid of Rs 2.44 per KwH at the newly launched solar auctions, everyone celebrated. It was believed that much like telecom, the era of lowest cost solar in India had also arrived. A long, sustained boom was duly predicted, and many of todays […]

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Petronas Expands India Bet With 100 MW ACME Buy Through Amplus

Amplus Energy Solutions, the Malaysian national oil firm, Petronas’s subsidiary in India since its own acquisition by Petronas last year, has moved to acquire 100MW of solar assets owned by ACME Solar. The reported price for the deal is $110 million., or almost Rs 800 crores. For the Manoj Upadhyay led ACME Solar, the deal […]

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India’s Top 5 Solar Power Producers Based on Installed Capacity

In India’s energy sector which is largely dominated by coal-powered plants, we take a look at the top 5 power producers which are producing power from what India expects will take over from coal in the long term as its leading source of energy – Solar Energy. Solar energy has become the leading resource for […]

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500W Modules and Higher Efficiency, India Falling Behind

Some of the leading Chinese solar PV module manufacturers, which remain the undisputed global leaders of the solar modules and cells industry, have a new prestige product. Breaking the 500 W barrier for solar module output from a single panel. The latest in the list, with also the highest-rated module in the market, is JinkoSolar […]

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Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs

After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project.  It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […]

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As Cancellations Surge, India’s Solar ‘Pipeline’ Drying Up

News from the much celebrated 2 GW auction of NTPC in 2018, where top developers had bid for prices as low as Rs 2.59 is not good. 70 percent of the capacity won by developers, namely, Acme Solar, Shapoorji Pallonji, and Azure Power, have opted out of the deal, citing regulatory delays. The option of […]

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Four ACME Solar Subsidiaries Gain Partial Wins in CERC Order

In its latest order, CERC has ordered partial relief to four ACME Solar subsidiaries in their petitions against NTPC and a host of southern power Discoms. In its latest order, the Central Electricity Regulatory Commission (CERC) has ordered partial relief to four ACME Solar subsidiaries in their petitions filed against NTPC and a host of […]

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Will ADITYA Succeed Where UDAY failed?

Based on the stories that have come out so far, the following aspects of the proposed new scheme to clear India’s discom mess have emerged. Called ADITYA (Atal Distribution System Improvement Yojana), the new scheme could be announced as early as February 1, with the union budget presentation. First, the scheme will reward performing discoms […]

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Top 10 Solar Companies in India

What has taken on earth today as a curse is the changing global warming scenario. Solar companies in India have taken the trunk on shoulder to make it a better place to live in future. Solar companies in India are today a GW worth. With making huge success in utility, commercial and home installations, solar […]

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