ACME Solar Holdings Limited announced on Wednesday that it has cumulatively operationalised over 2 GWh of Battery Energy Storage System (BESS) capacity in Rajasthan, making it one of the first Indian renewable energy companies to reach this scale of energy storage deployment.
The Gurugram-based company’s total operational BESS capacity now stands at 591.18 MW / 2,031.24 MWh across various subsidiaries in the state. The company has set a target to operationalize 10 GWh of BESS by 2027.
Shares of ACME Solar rose 1.65 per cent to ₹301.15 on Wednesday, against a previous close of ₹296.25, with a session high of ₹304.45. The stock has gained over 22 per cent in the past month and nearly 27 per cent year-to-date, significantly outperforming the Nifty 500, which is down 4 per cent in the same period. The company’s total market capitalization stands at approximately ₹18,255 crore.
According to the announcement, the BESS projects are designed to charge during off-peak hours and discharge during periods of high demand, supporting grid stability and more efficient power utilization.
ACME Solar describes itself as an integrated renewable energy developer with a total portfolio of 8,071 MW spanning solar, wind, hybrid, and Firm and Dispatchable Renewable Energy (FDRE) solutions. Its operational contracted capacity stands at 2,990 MW, while the under-construction contracted capacity is 5,081 MW, which includes approximately 15 GWh of planned BESS installations. The company handles project development, engineering, procurement, construction, and operations in-house.
Published on April 22, 2026