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

ACME Solar Holdings Ltd (ACME Solar) has commissioned 142.67 MW / 481.49 MWh of Battery Energy Storage System (BESS) in phase-1 out of its total planned BESS capacity of 585 MW / 2011.24 MWh. The BESS are located in Rajasthan, connected with existing operational Inter-State Transmission System (ISTS), and will run on merchant basis on short term basis, generating additional revenue stream through price differential between peak and non-peak demand hours. They are designed to enhance grid reliability and optimise power utilisation by charging batteries during non-peak demand periods and discharging during peak demand periods. ACME Solar's current portfolio requires installation of ~17 GWh of BESS in multiple phases across different states. The company has a diversified portfolio of 8,071 MW and an operational contracted capacity of 2,966 MW and 481 MWh of BESS capacity.