ACME Solar Commissions 143 MW/481 MWh Battery Energy Storage System in Rajasthan, India

MT Newswires Live

03/13

ACME Solar Holdings (NSE:ACMESOLAR, BOM:544283), through its various subsidiaries, has commissioned 142.67 MW/481.49 MWh of battery energy storage system (BESS) in the first phase of its 585 MW/ 2011.24 MWh project in Rajasthan, India.

At present, the company's portfolio requires the installation of 17 GWh of BESS in multiple phases across different states, according to a Friday filing to the Indian stock exchanges.

The commissioned BESS are connected with the existing operational interstate transmission system and will run on a merchant basis for the short term.

They are also expected to generate an additional revenue stream through the price differential between peak and non-peak demand hours.

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