ACME and City Gas Distribution Company Indraprastha Gas Limited (IGL) recently inked a memorandum of understanding (MoU) to jointly study the potential commercial possibilities of Green Hydrogen, according to an exchange filing. The companies will also investigate the possibility of establishing hydrogen producing units, including the installation of electrolyzers toContinue Reading
One of India’s leading independent solar power producers, Acme Solar Holdings, has announced ambitious plans to expand its renewable power and green hydrogen portfolio. The company plans to set up 7 gigawatts (GW) of renewable power and green ammonia production facilities in the southern state of Tamil Nadu. The ventureContinue Reading
Scatec of Norway and ACME of India have decided to halt a 900-megawatt (MW) $400 million solar power project in India owing to supply chain delays and rising import charges. Scatec joined the Indian market last year, collaborating with ACME to develop a facility in Rajasthan under a 25-year powerContinue Reading
Ayana Renewable Power Private Limited announced the acquisition of a 100 percent ownership investment in a 250 MWac solar photovoltaic (PV) energy plant constructed and operated by ACME Solar Holdings Private Limited (ACME). The Jodhpur project is linked to the interstate transmission system and delivers electricity to Maharashtra State ElectricityContinue Reading
Scatec has entered in a partnership with ACME, a leading solar developer in India, to construct a 900 MW solar power plant in the state of Rajasthan, India. Scatec is a leading renewable power producer, delivering affordable and clean energy worldwide. As a long- term player, they develops, builds, ownsContinue Reading
Acme Solar Holdings Ltd. is looking to sell 4.84 gigawatt (GW) of solar projects. This assets sale process from India’s largest pure-play solar platform is being run by Cantor Fitzgerald (Hong Kong) Capital Markets Ltd. This comes in the backdrop of resumption of deal activity in India’s green energy space,Continue Reading
ACME Solar has cancelled a contract with state-run Solar Energy Corp of India (SECI) to supply power at the country’s lowest tariff due to project delays and uncertainty over the coronavirus, it told the federal electricity regulator. ACME cited land acquisition delays, the coronavirus outbreak and its impact on suppliersContinue Reading
Acme Cleantech Solutions, one of the largest solar power companies in India, has sold 600 megawatts of solar power capacity to Actis. Brookfield, another major investor in Indian renewable energy market, had also expressed interest in Acme but was outbid by Actis. Making it yet another Indian renewable energy companyContinue Reading
