Search
ACME’s Hybrid Solar-Storage PPA Brings Firm Green Power
ACME Solar signed a long-term hybrid PPA pairing 200 MW of solar with a 100‑MW/400‑MWh battery, among India’s biggest renewable deals this year. The contract delivers firm, dispatchable green power, covering evening peaks and low-sun periods, giving utilities and industrial buyers steadier supply without leaning on fossil-based backup.India is steering tenders toward hybrid and round‑the‑clock renewables as storage costs fall and financing eases. Analysts see ACME’s deal pushing hybrids from pilots to mainstream procurement, bolstering the developer’s leadership. It supports national aims to curb grid instability, underpin industrial growth, and hit aggressive clean‑energy targets, with flexibility and reliability prioritized.
How will ACME’s hybrid PPA accelerate India’s shift to firm, round-the-clock renewables?
Sets a bankable template for hybrid contracts, easing lender comfort for similar firm-renewables projects.
Proves commercially viable tariffs for storage-backed supply, guiding future auction price discovery.
Increases the perceived capacity value of renewables by guaranteeing evening and early‑morning delivery blocks.
Demonstrates how batteries can replace diesel and coal peakers for ramping and peak‑shaving.
Unlocks ancillary services from storage—frequency regulation, reserves, black‑start—improving grid stability.
Reduces curtailment risk by shifting midday solar to high‑demand hours, improving project revenues.
Encourages state utilities to procure time‑bound renewable blocks, aligning with resource‑adequacy planning.
Catalyzes corporate round‑the‑clock and time‑of‑day green supply under open‑access and green market products.
Supports transmission deferral by smoothing net-load spikes and reducing evening congestion.
Accelerates domestic storage supply chains and integration expertise across EPCs, OEMs, and O&M providers.
Drives digitalization—advanced forecasting, bidding, and dispatch optimization—for hybrid fleets.
Provides a pathway to retire or retrofit aging thermal units by substituting firm green capacity.
Enhances DISCOM financials via predictable scheduling, fewer deviation penalties, and lower balancing costs.
Signals regulators to refine hybrid norms—deemed CUF, storage sizing, and round‑the‑clock performance benchmarks.
Builds investor confidence in multi-asset portfolios that blend solar, storage, and eventually wind for 24/7 supply.
Strengthens India’s case for green manufacturing and export by offering reliable low‑carbon power to industry.
Cuts emissions intensity of the grid during peak hours, accelerating progress toward national climate goals.
Nov 25, 2025 // Plants, Large-Scale, Commercial, India, Asia, ACME Solar
SECI Gets CERC Approval to Sell 600 MW Solar Power to Haryana & Bihar at Rs 2.44/ kWh.
certified prospective buyers was performed on July 13, 2018. In which, ACME Solar was stated the effective prospective buyer with an overall project capability
Feb 28, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Haryana, SECI, Asia, tariff, Solar Power, Bihar, CERC
Actis relies on WiseEnergy for India solar possession monitoring bargain
in Andhra Pradesh as well as Madhya Pradesh, was acquired last month from ACME Solar Holdings.
Rebecca Carter, managing supervisor at WiseEnergy, stated the
Sep 3, 2020 // Markets & Finance News, India, Asia, Actis, nextenergy capital, asset management, wiseenergy
Amplus Solar Gets 17 Roof Solar Projects From Sterling as well as Wilson
PETRONAS brand, had relocated to get 100 MW of solar properties possessed by ACME Solar. The reported rate for the offer is USD 110 million, or virtually Rs 800
Apr 13, 2021 // Rooftop PV, India, Asia, rooftop PV, Amplus Solar, solar projects, sterling and wilson, Sanjeev Aggarwal
Europe matches rise of solar market's Giga-EPCs
[ES] (inc. Abener Energia)
2.9
0.6
9
Enerparc [DE]
2.9
0.1
10
ACME Solar [IN]
2.9
0.7
The listing of top O&M contractors can be seen here:
May 11, 2023 // Markets & Finance News, Europe
PM Modi to Devote 750 MW Rewa Solar Project to the Country
for the growth of the park.
Mahindra Renewables, ACME Jaipur Solar an SPV of ACME Solar, and also Arinsun Clean Energy were picked by RUMSL through an e-reverse
Jul 10, 2020 // Plants, India, Asia, narendra modi, Projects, Modi Rewa Solar, Rewa Solar Park
PM Modi to Dedicate 750 MW Rewa Solar Project to the Nation
the advancement of the park.
Mahindra Renewables, ACME Jaipur Solar an SPV of ACME Solar, as well as Arinsun Clean Energy were chosen by RUMSL with an e-reverse
Jul 10, 2020 // Plants, Large-Scale, Commercial, India, Asia, bhel, solar plant, Madhya Pradesh, Rail Traction Applications
Wind and Solar Supply One-Tenth of India's Power in 2020
Total power generation is down 3% in 2020 over last year.
Hydro imports from Bhutan enhanced by 60% in 2020.
Jan 26, 2021 // Market Research, NTPC, Adani Green Energy, ReNew Power, tata power, PV Power Plant, acme, wind and solar, Azure
Scatec, ACME shelve 900-MW solar project in India
Norwegian eco-friendly power producer Scatec ASA (OSL: SCATC) and India's ACME have actually decided to put on hold the 900-MW solar project they previously claimed they were co-developing in India.
Feb 4, 2022 // Plants, Large-Scale, Commercial, Scatec, India, Asia, acme, Solar Project
Finland's Fortum to divest 500MW of Indian solar possessions to Actis
Finnish utility Fortum has secured a deal to unload two solar projects in India totalling 500MW of capability to private equity firm Actis.
Jun 23, 2021 // Plants, Markets & Finance News, India, Asia, Actis, Rajasthan, Fortum, karnataka, utility, project acquisition
15 companies look to invest $3 billion in solar production
other significant business that have actually shown interest consist of ACME Solar, Vikram Solar, ReNew Power and Adani Solar, the authorities said, requesting
Dec 17, 2020 // Markets & Finance News, USA, First Solar, North America, Raj Kumar Singh, Vikram Solar, narendra modi, Saibaba Vutukuri, ACME Solar, 1366 Technologies
Top developers reach 100 Gigawatts of utility-scale solar capacity
The collective installed capacity of the top utility-scale solar developers has now covered 100 GWAC. The top 35 companies in Wiki-Solar's newest 'league table' added an exceptional 30 GWAC since the start of last year.
Jun 21, 2022 // Market Research, USA, China, Europe, Asia, North America
TÜV Rheinland issues initially green hydrogen, ammonia certifications
Technical advising TÜV Rheinland has actually provided its very first green hydrogen and green ammonia certification to Green Hydrogen & Chemicals, a joint venture in between solar developer ACME Group as well as eco-friendly business Scatec.
Apr 20, 2022 // Plants, Commercial, Markets & Finance News, Storage, Solar to Fuel, Scatec, Asia, Oman, green hydrogen, certification, acme, tuv rheinland, green ammonia
Adani currently the world's largest solar power designer
11 places were claimed by Indian companies (Sterling & Wilson Solar, ACME Solar, Mahindra, and Larsen & Toubro) in a Wiki-Solar position.
"Adani's
Sep 7, 2020 // Manufacturing News, Markets & Finance News, India, SECI, Asia, Adani
Oman Starts Tendering for 500-MW Solar Project
The tender is to pick the independent power producers (IIPs) for the development of the 500 megawatt (MW) Ibri III Solar IPP Project.
Developers can submit their bids till December 7, 2022.
Nov 4, 2022 // Plants, Large-Scale, Commercial, Asia, Oman, opwp, Solar Park, Ibri, Independent Power Producers, Oman Power and Water Procurement Co, Oman solar energy park, Oman tender for 500 MW solar, The Ibri III Solar IPP Project








