ACME Solar secured significant project financing from REC Limited for a new power facility. This project will combine solar generation with battery storage for assured peak power delivery. The facility is designed to meet supply obligations with greater predictability for grid operators. Electricity generated will be sold to SJVN Limited under a long-term power purchase agreement. ACME Solar Holdings has a substantial portfolio of renewable energy projects under development.

ACME Solar Holdings on Thursday said it has secured Rs 2,646.64 crore in long-term project financing from REC Ltd for its 450 MW/1,800 MWh Assured Peak Power (Firm and…

ACME Solar secured significant project financing from REC Limited for a new power facility. This project will combine solar generation with battery storage for assured peak power…

Indian renewables developer Acme Solar Holdings Ltd (BOM:544283) said today it has raised INR 26.47 billion (USD 274.8m/EUR 239.6m) in financing to support a project for…