ACME Solar Holdings Limited has made significant strides in expanding its operations with the incorporation of a new subsidiary and the commissioning of additional capacity for its Battery Energy Storage System (BESS) project in Rajasthan.
On May 11, 2026, ACME Solar Holdings Limited announced the incorporation of a wholly-owned subsidiary named ACME Greentech Twenty One Private Limited.
This new entity, based in Gurugram, Haryana, is set to focus on the development, establishment, and operation of power generation and renewable energy projects.
The subsidiary was established with an initial paid-up share capital of ₹1,00,000, comprising 10,000 equity shares at a face value of ₹10 each.
In a parallel development, ACME Solar Holdings Limited, through its wholly-owned subsidiary ACME Surya Power Private Limited, has commissioned an additional 35.715 MW / 160.512 MWh capacity of its BESS project.
Located in Jaimalsar, Bikaner, Rajasthan, this project is set to commence commercial operations on May 13, 2026. This expansion brings the cumulative commissioned capacity of ACME Surya Power Private Limited to 210.938 MW / 947.899 MWh.
The establishment of ACME Greentech Twenty One Private Limited and the expansion of the BESS project underline ACME Solar Holdings Limited's commitment to enhancing its footprint in the renewable energy sector.
With a focus on sustainable power generation, these initiatives are poised to contribute significantly to the company's growth trajectory.
As of May 11, 2026, at 3:30 PM, ACME Solar share price on NSE was closed at ₹290.25 up by 2.63% from the previous closing price.
ACME Solar Holdings Limited's recent activities, including the incorporation of a new subsidiary and the commissioning of additional BESS capacity, reflect its strategic efforts to strengthen its position in the renewable energy market. These developments are pivotal in advancing the company's objectives in sustainable energy solutions.
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Published on: May 12, 2026, 8:35 AM IST
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