acme-solar

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Daily News Wrap-Up: RUMSL Invites Bids to Develop 170 MW Solar Project

Rewa Ultra Mega Solar (RUMSL) has issued a request for proposal to develop a 170 MW grid-connected ground-mounted solar photovoltaic project in the Neemuch Solar Park in...

April 26, 2024

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Mercom Staff

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Daily Wrap-up
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ACME Solar Commissions 300 MW Solar Project in Rajasthan

Independent power producer ACME Solar Holdings has commissioned a 300 MW solar project for the Maharashtra State Electricity Distribution Company (MSEDCL). The solar...

May 26, 2022

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Gourav Mishra

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Solar

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Utility Scale
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ACME Solar Raises $334 Million in Offshore Green Bonds for 12 Solar Projects

Independent power producer ACME Solar (ACME) has raised around $334 million for 12 of its solar projects through the issuance of offshore green bonds. The debt...

July 30, 2021

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Arjun Joshi

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Finance and M&A

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Solar
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UNOPS S3i, IFU Bring in Equity Investment for ACME’s 250 MW Solar Project

ACME Solar has signed a shareholders’ agreement with UNOPS S3i and IFU for developing a 250 MW solar project located in Rajasthan, India. In March 2019, ACME had...

June 17, 2021

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Rahul Nair

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Finance and M&A

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Solar
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Karnataka Regulator Reduces Tariff for a 20 MW Delayed Solar Project

The Karnataka Electricity Regulatory Commission (KERC), in a recent order, ruled that ACME Kudligi Solar was liable for a reduced tariff of 80% of the quoted tariff and...

June 16, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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Maharashtra Regulator Denies Solar Developer’s Plea to Return Bank Guarantee

The Maharashtra Electricity Regulatory Commission (MERC) has dismissed ACME Solar’s plea for the return of performance bank guarantee (PBG). It said that the power...

March 10, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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CERC Issues Orders to Expedite Safeguard Duty Reimbursement to ACME Solar

The Central Electricity Regulatory Commission (CERC) has ordered compensatory relief to ACME Solar from the imposition of the safeguard duty citing the ‘Change in Law’...

June 5, 2020

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Rakesh Ranjan

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Markets & Policy

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Solar
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SECI Gets Approval to Sell 600 MW of Solar Power to Haryana and Bihar at ₹2.44/kWh

The Central Electricity Regulatory Commission (CERC) has approved a tariff of ₹2.44 (~$0.034)/kWh adopted by the Solar Energy Corporation of India (SECI) to sell 600 MW...

February 28, 2020

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Rakesh Ranjan

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Markets & Policy

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Solar
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China’s TBEA Set to Launch its 2 GW Inverter Factory in Bengaluru

TBEA Xi’an Electric Technology Co., an affiliate of the TBEA Group, has announced that it will be unveiling its GW solar inverter factory on November 29, 2019, in...

November 26, 2019

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Rakesh Ranjan

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Inverters & BOS

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Solar
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Azure Power and ReNew Power Were the Top Utility-Scale Solar Developers During 1H 2019

In the first half of this year (1H 2019), Azure Power, ReNew Power, Sprng Energy, and Tata Power emerged as the top four developers of utility-scale solar power projects...

November 20, 2019

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Rakesh Ranjan

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Mercom Research Focus

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Other
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Arinsun and ACME Solar Get Relief from CERC for Safeguard Duty Imposition

In its recent notification, the Central Electricity Regulatory Commission (CERC) has ordered compensatory relief to two solar developers from safeguard duty imposition...

October 18, 2019

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Anjana Parikh

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Markets & Policy

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Solar
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Sprng Energy Commissions 250 MW of Solar Projects at Madhya Pradesh’s Rewa Solar Park

Sprng Energy Private Limited, the renewable energy platform of Actis Private Equity Funds, has announced the commissioning of its first renewable energy project in India....

May 21, 2019

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Soumik Dutta

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Markets & Policy

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Solar
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Piramal Joins Hands with Canadian Pension Plan for a $600 Million Renewable Energy Trust

Armed with an initial corpus of $600 million (~₹41.6 billion), the newly-formed Infrastructure Investment Trust (InvIT) would seek to acquire between 1.5-2 GW of stable...

May 8, 2019

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Soumik Dutta

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Other

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Renewable Energy
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ACME Solar to be Compensated for Cost Incurred After Introduction of Safeguard Duty

The Central Electricity Regulatory Commission (CERC) has issued an order to compensate a solar power developer by accepting that the levy of safeguard duty was a ‘Change...

May 6, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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Solar Auctions in 2018: Who Had the Biggest Share of the Pie?

India’s solar market is on a roll with over 24 GW of large-scale solar photovoltaic (PV) capacity installed in the country as of December 2018. According to Mercom...

January 23, 2019

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Pratheeksha

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Mercom Research Focus

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Other

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