acme

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ACME Secures ₹37 Billion Loan from REC for 320 MW FDRE Projects

ACME Sun Power, a wholly owned subsidiary of ACME Solar Holdings, has secured a ₹37.53 billion (~$444.68 million) loan from REC Limited to develop 320 MW Firm and...

November 18, 2024

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Arjun Joshi

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Finance and M&A

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Solar
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Hexa Climate, ACME Solar, Avaada Energy Win NTPC’s 1.2 GW FDRE Auction

Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy are winners in NTPC’s auction to supply 1,200 MW of firm and dispatchable power with assured peak power...

November 8, 2024

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Priya Sanjay

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Renewable Energy

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Tenders & Auctions
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ACME Solar Holdings’ IPO Oversubscribed Nearly 3 Times

Solar energy company ACME Solar Holdings’ ₹29 billion (~$344.85 million) initial public offering (IPO) received tepid interest from investors. At the end of the bidding...

November 8, 2024

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Arjun Joshi

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Finance and M&A

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Solar
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ACME Solar Holdings’ ₹29 Billion IPO to Hit the Market on November 6, 2024

Solar energy company ACME Solar Holdings’ ₹29 billion (~$344.85 million) Initial Public Offering (IPO) will be launched on November 6, 2024, and close on November 8,...

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Juniper, ACME, Sembcorp Win SECI’s 600 MW Wind-Solar Auction

Juniper Green Energy, ACME Solar Holdings, and Sembcorp Green Infra have won Solar Energy Corporation of India’s (SECI) auction to develop 600 MW interstate...

October 4, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions

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Wind
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CERC Adopts Tariffs for 1,080 MW Wind-Solar Hybrid Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs for 1,080 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power projects...

July 29, 2024

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Arshreet Singh

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Markets & Policy

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Solar

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Wind
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Pace, Hero, ACME, JSW Win SECI’s 1.2 GW Solar Plus Storage Auction

Pace Digitek, Hero Solar Energy (Hero Future Energies), ACME Solar Holdings, and JSW Neo Energy (JSW Energy) were declared winners in Solar Energy Corporation of India’s...

July 16, 2024

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Arjun Joshi

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Energy Storage

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Subsidy Delays Plague PM Surya Ghar Program

The PM Surya Ghar Program, which aims to install 10 million rooftop solar projects across India, continues to grapple with challenges ranging from subsidy disbursements...

July 4, 2024

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Mercom Staff

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Daily Wrap-up
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Seven Companies in Race for 10 GWh Advanced Chemistry Cells Capacity Under PLI

The Ministry of Heavy Industries’ (MHI) tender to select manufacturers for Advanced Chemistry Cells (ACC) under the Production Linked Incentive (PLI) program has...

April 23, 2024

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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Axis Energy, Juniper, ACME and ReNew Win NTPC’s 1.5 GW Wind-Solar Auction

ABC Cleantech (Axis Energy), Juniper Green Energy, ACME Cleantech Solutions, and ReNew Solar Power (ReNew) were declared winners in NTPC’s auction for the supply of 1.5...

March 13, 2024

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Satish Shetty

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Other

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Solar

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Tenders & Auctions

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Wind
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BluPine Energy Acquires 369 MW of Solar Assets from ACME Group

Gurgaon-based BluPine Energy has expanded its renewable energy portfolio by acquiring 369 MW of solar power assets from the ACME Group. The deal covers 14 special...

March 4, 2024

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Arshreet Singh

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Finance and M&A
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BrightNight, ReNew, ACME Among Winners of NHPC’s 1.5 GW Renewables Auction

BN Hybrid Power-1 (BrightNight), Hero Solar Energy (Hero Future Energies), Solarcraft Power India 20 (BluPine Energy), Juniper Green Energy, ReNew Solar Power (ReNew),...

February 22, 2024

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Satish Shetty

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Renewable Energy

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Tenders and Auctions
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MERC Directs Bank Guarantees of Two Solar Developers to be Released

The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company (MSEDCL) to release the performance bank...

January 11, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Greenko, ACME, Reliance Among Winners of SECI’s Green Hydrogen Manufacturing Auction

Reliance Green Hydrogen and Green Chemicals (Reliance), ACME Cleantech Solutions, Greenko ZeroC (Greenko), HHP Two (Hygenco), and Bharat Petroleum Corporation were among...

January 2, 2024

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Satish Shetty

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Other

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Renewable Energy

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Tenders and Auctions
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O2 Power, Sprng, ACME, Juniper, Avaada Win NTPC’s 1.5 GW Wind-Solar Auction

Solalite Power (O2 Power), Sprng Energy, ACME Cleantech Solutions, Juniper Green Energy, and Avaada Energy were declared winners in NTPC’s auction to set up 1,500 MW of...

December 28, 2023

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Satish Shetty

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Solar

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Tenders & Auctions

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