CALCULATE YOUR SIP RETURNS

ACME Solar Share Price Surges on Placing One of India’s Largest BESS Orders

Written by: Team Angel OneUpdated on: 7 Jul 2025, 6:47 pm IST
ACME Solar share price surges on placing an order worth more than 3.1 GWh of BESS from Zhejiang Narada and Trina Energy.
ACME Solar Share Price Surges on Placing One of India’s Largest BESS Orders
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

In a strategic move aimed at bolstering its renewable energy capabilities, ACME Solar has initiated one of the largest Battery Energy Storage System (BESS) procurements in India. With an order exceeding 3.1 GWh, this milestone highlights the company’s commitment to clean energy deployment and grid reliability across the country.

Massive Order to Power India's Renewable Future

ACME Solar has placed an order of more than 3.1 GWh of Battery Energy Storage System (BESS) from global leaders Zhejiang Narada and Trina Energy, known for their high efficiency and scalable storage solutions. This initiative will support BESS deployment across ACME’s renewable energy projects including FDRE (Firm & Dispatchable Renewable Energy) and battery-linked ventures. These projects are expected to be commissioned over the next 12 to 18 months across several Indian states.

The delivery of the BESS will occur in a phased manner over the next 4 to 8 months within the current fiscal year. The company confirmed that the order value remains within the pre-set budget, allowing ACME Solar to maintain overall capital expenditure efficiency. Additionally, the early procurement is expected to accelerate execution timelines and aid in timely revenue realization.

Setting Industry Benchmarks with Global-Grade Equipment

The BESS systems ordered by ACME Solar meet international standards including IEC and UL, ensuring top-tier safety, performance, and reliability. This procurement further solidifies the company’s reputation for pioneering clean energy solutions and supporting grid stability in India’s fast-growing renewable sector.

ACME Solar’s diversified energy portfolio spans 6,970 MW of capacity, including 550 MWh in storage, across solar, wind, FDRE, and hybrid formats. Of this, 2,890 MW is already operational, while 4,080 MW is under various stages of implementation. With robust in-house EPC and O&M capabilities, the company is recognized for delivering cost-effective and timely project completions, marked by industry-leading capacity utilization factors and operating margins.

Read More: ACME Solar Posted FY25 Results with 154% Jump in Cash PAT!

Acme Solar Holdings Share Performance 

As of 07 July 2025, at 12:18 PM, Acme Solar Holdings share price is trading at ₹254.58 per share, a surge of 2.01%.

Conclusion

ACME Solar’s landmark order of over 3.1 GWh in battery energy storage highlights the growing momentum in India’s renewable energy sector. By leveraging advanced technologies and strategic partnerships, the company reinforces its mission to deliver sustainable and reliable power across the country.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jul 7, 2025, 1:17 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers