Gurugram, March 24: ACME Solar Holdings Ltd (ACME Solar) today announced commissioning of additional 155 MW / 470.25 MWh of Battery Energy Storage System (BESS) through its various subsidiaries.
With this, the company’s total commissioned BESS capacity stands at 297.67 MW / 951.74 MWh, out of total planned BESS capacity of 835 MW / 3,114.64 MWh across these SPVs, it said.
Located in the state of Rajasthan, these BESS are connected with existing operational Inter-State Transmission System (ISTS) and will run on merchant basis, generating additional revenue stream through price differential between peak and non-peak demand hours, the company said.
These BESS projects are designed to enhance grid reliability and optimise power utilisation by charging batteries during non-peak demand periods and discharging during peak demand periods. This capability will play a critical role in balancing energy supply and demand while improving the overall grid stability.
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About ACME Solar:
ACME Solar Holdings Limited is a leading integrated renewable energy player with a diversified portfolio of 8,071 MW spanning solar, wind, storage, FDRE and hybrid solutions and an operational contracted capacity of 2,978 MW and ~1.0 GWh of BESS capacity and under construction contracted capacity of 5,093 MW including ~16 GWh of BESS installation.
The under construction PPA signed portfolio stands at 3,292 MW. With an in-house EPC and O&M division, the company does end-to-end development and O&M of the plants, thereby delivering projects in a time & cost-effective manner while ensuring best in class operating performance evident in its industry leading CUF and operating margins.
