ACME Solar has placed an order for a 2 GWh Battery Energy Storage System (BESS) with Chuzhou Lishen New Energy Technology Co., Ltd. The deal has been facilitated through POSCO International Corporation and China FAW Group Import and Export Co., Ltd. The delivery will take place in phases over the next 6–10 months.
The ordered BESS units will be installed in ACME Solar’s Firm & Dispatchable Renewable Energy (FDRE) projects as well as its standalone BESS projects. These projects are scheduled for commissioning within the next 12–18 months, marking a significant step in strengthening India’s renewable energy storage capacity.
According to Nikhil Dhingra, CEO of ACME Solar, “With this latest order, ACME Solar’s cumulative BESS procurement surpasses 5 GWh, following a previous order of 3.1 GWh BESS placed in July 2025. This strategic purchase will ensure timely availability of BESS system, playing a key role in de-risking project commissioning timelines & accelerating overall project delivery.”
Jason Lee, Director of Posco International said, "This is the big step forward for us to Indian market which is the most promising BESS market in the world. With this opportunity we will diversify our partnership with the market leading enterprise, ACME, and enlarge our biz activities in India.”
Lu TianJun, General Manager of Lishen, adds, "Based on this agreement, our company will further contribute to the expansion of energy e3iciency initiatives in the Indian market and establish a stronger foundation for long-term growth."
On September 8, 2025, ACME Solar share price (NSE: ACMESOLAR) opened at ₹302.10, up from its previous close of ₹296.30. At 12:44 PM, the share price of ACME Solar was trading at ₹306.20, up by 3.34% on the NSE.
Also Read: ACME Solar Secures 50 MW FDRE Project from Tata Power!
This collaboration strengthens ACME Solar’s strategy to integrate advanced storage systems into its renewable projects. By leveraging global expertise from Lishen, POSCO, and FAW Group, ACME is enhancing India’s renewable energy ecosystem, ensuring reliability, dispatchability, and scalability for the future.
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Published on: Sep 8, 2025, 12:45 PM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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