ACME Solar Commissions 155 MW/470.25 MWh Battery Energy Storage System in Rajasthan, India

MT Newswires Live

03/24

ACME Solar Holdings (NSE:ACMESOLAR, BOM:544283), through its various subsidiaries, has commissioned an additional 155 MW / 470.25 MWh of battery energy storage system (BESS) in Rajasthan, India, according to a Tuesday filing to the Indian stock exchanges.

With this, the company's total commissioned BESS capacity has increased to 297.67 MW / 951.74 MWh, out of the total

planned BESS capacity of 835 MW / 3,114.64 MWh.

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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