ACME

Orissa HC Issues Stay Order on Safeguard Duty on Solar Imports until August 20

The move came after the Directorate General of Trade Restrictions (DGTR) had recommended, last week, that safeguard duty on solar imports from China and Malaysia should be imposed for 2 years in a phased manner i.e. 25 percent for the first year, 20 percent for the first six months of the second year, and 15 […]

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ACME, NHPC, Bihar-Based Startup Get SIPB Clearance for Solar Projects

ACME Group through its two arms ACME Nalanda Solar Power and ACME Magadh Solar Power to set up 15 MW and 10 MW solar projects respectively in Kakwara village of Banka, Bihar with an aggregate investment of about Rs 188.76 crore. In a move to boost solar power generation in Bihar, the State Investment Promotion […]

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ACME Secures 250 MW Solar PV Project under MSEDCL’s 1,000 MW Bid

The selection process concluded at a very competitive tariff wherein ACME was allotted largest capacity i.e. 250 MW at a tariff of Rs 2.72/kWh. Country’s one of the leading utility-scale solar power developer ACME has won the 250 MW solar Photo Voltaic (PV) capacity in the reverse auction invited by Maharashtra State Electricity Distribution Co […]

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Jolywood enters into an agreement with ACME to supply N-type Bifacial Solar Modules with the capacity of 6.775MW

Under the agreement Jolywood will provide 72-cell N-type Bifacial Mono Transparent Modules with efficiency of 370W to ACME. Jolywood Solar Technology Co., Ltd. has entered into an agreement with ACME Clean-tech Solutions Private Limited to supply Jolywood N-type High-efficiency Bifacial Monocrystalline Solar Modules with the capacity of 6.775MW. This not only marks the first large-scale […]

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Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar

Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […]

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ACME launches India’s 1st Battery Swapping & Charging Station with Lithium Batteries for the Electric Vehicles

ACME has provided EcoCharge Battery Swapping & Charging Stations to Ola for their Pilot Project at Nagpur City ACME has announced the launch of EcoCharge, country’s 1st Battery Swapping & Charging Station for the Electric Vehicles. The EcoCharge Battery Swapping & Charging Station comes with the following advantages: Lowest Operating Cost Fast Charging Swapping time […]

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Solar Power Tariffs in India Have Plunged by 73 Percent Since 2010

Since 2010, India’s solar power tariff rate has been reduced to record low, especially in the auction conducted at the Rewa Solar Park. India’s solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first countries to […]

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ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report

ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […]

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There is no plan or attempt on EDF’s or EREN’s part to get out of the Indian market or anything like that: Samir Sharan, CEO – ACME Cleantech Solutions Pvt. Ltd.

The ACME Group is one of the top player in the field of clean energy with operations in solar power generation, lithium-ion based energy storage solutions and energy management of telecom towers in India. It pins itself as a pioneer in the development of green technology solutions that are environment friendly, energy efficient, frugal and […]

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