ACME Solar Holdings Limited boosted its operational capacity to 2,540 MW on February 28, 2025, after adding 250 MW in Bikaner, Rajasthan. The move supports its goal of reaching 10 GW by 2030 and has sparked buzz in the renewable energy sector.
Here’s the scoop on how they’re doing it:
- New Project: The 250 MW solar plant in Bikaner came online recently.
- Total Capacity: “ACME Solar has now operational renewable energy capacity of 2,540 MW,” the company shared.
- Future Goal: They’re eyeing 10 GW by 2030, a hefty target.
This isn’t just a one-off. ACME’s been stacking up projects, 1,023 MW was commissioned in Rajasthan last December. They’re building fast and smart.
A Mix of Solar and More
ACME’s not all about solar panels in one spot. They’ve got a spread:
- Operational Assets: 2,540 MW up and running now.
- Under Construction: Another 4,430 MW in the works.
- Hybrid Plans: They’re blending solar, wind, and battery tech for firm and dispatchable renewable energy (FDRE).
FDRE is a big focus—it means steady power, not just when the sun’s out.
India’s Green Push Gets a Hand
ACME’s growth fits right into India’s renewable energy boom. The country’s at 214 GW of green Capacity as of 2024, per the Ministry of New and Renewable Energy. The goal is to achieve 500 GW by 2030. ACME’s 2,540 MW is a solid chunk of that, and their 10 GW target would be an even bigger boost. “This milestone reinforces ACME’s leadership in driving India’s renewable energy ambitions,” the company said. They’re not wrong—India needs players like this to hit those numbers.
Partnerships and Progress
They’re not going it alone. ACME teamed up with GREW Solar for the Bikaner project, showing how collaboration fuels their rise. Plus, they’ve locked in power purchase agreements (PPAs) for 53% of that 4,430 MW under construction. That’s a steady income stream locked in. CEO Nikhil Dhingra told in January they’re hunting for 1 GW more with land and grid access—speed’s the name of the game.
Challenges to Watch
It’s not all sunshine. Grid connections and land deals can slow things down. Costs are another hurdle—new rules on local solar cells from 2026 might bump up prices, Dhingra noted earlier. Still, ACME’s got 4,430 MW already in progress, so they’re cushioned for now.
ACME’s got momentum. That 250 MW flip in Bikaner is just the latest switch turned on. With 6,970 MW total in sight and a push for FDRE, they’re not messing around. India’s green energy train is rolling, and ACME has a front-row seat. If they keep this up, that 10 GW dream might just light up by 2030. It’s a bright spot in a country racing to go green.
