ACME Solar Energy Private Limited
Company description
Based in New Delhi, ACME Solar Energy Private Limited is owned by three complementary partners, granting the joint venture local capabilities and industrial expertise:
- ACME Cleantech Solutions Limited, an Indian company with international operations specializing in new energy solutions, communications and environmental services, holds a 50% stake;
- EREN Renewable Energy, the first group dedicated to saving natural resources, holds 25% of the company;
- EDF Energies Nouvelles, a major international player in renewable energy and photovoltaic solar power, also holds 25%;
A renowned player on the renewable energy market, ACME Solar has been nominated “PV developer of the year 2014” at the 2014 BRIDGE TO INDIA solar awards.
The company was incorporated in 2010 and is based in New Delhi, India. ACME Solar Energy Private Limited operates as a subsidiary of Acme Cleantech Solutions Limited.
Company details
Participation in projects
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The company has not participated in any projects.
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Company updates
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July 25, 2023
US$488mn loan for 300 MW green hydrogen and ammonia plant in Oman
ACME Group has secured a US$488 million loan financing from REC Ltd. for the development and construction of a Green Hydrogen and Green Ammonia project located in Oman.
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July 08, 2022
ACME Group announces green hydrogen and ammonia project in Tamil Nadu
ACME Group has announced its plans to develop a green hydrogen and green ammonia project in the state of Tamil Nadu, in India. The project entails an investment of INR52,474 crore (US$6.6 billion). D...
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May 31, 2022
Synergy to provide financial advisory services for 300 MW Hydrogen facility in Oman
Synergy Consulting has announced that it has been selected as a Transactional and Financial Advisor by a joint venture between ACME and Scatec ASA.
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April 05, 2022
Scatec partners with ACME Group to develop 300 MW Green Hydrogen and Green Ammonia Facility in Duqm
Scatec ASA has signed an agreement with ACME Group from India to establish a 50/50 joint venture to design, develop, build, own and operate a large-scale green ammonia facility in Oman. The first pha...
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February 08, 2022
Scatec, ACME put 900 MW solar power plant in Rajasthan on hold
Scatec and Acme Solar have decided to put on hold their 900 MW solar PV project in the Indian State of Rajasthan. Scatec cited a lack of supply of domestic solar panels and a...
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October 15, 2021
ACME and KBR form partnership for Green Ammonia project in Duqm
ACME Group has announced a new partnership with KBR Technology for the development of the Hydrogen and Ammonia project in Oman. The project involves the construction of a hydrogen and green ammonia p...
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June 15, 2021
Scatec partnered with ACME to develop 900 MW solar project in India
Scatec has entered a partnership with ACME, a solar developer in India, to realize a 900 MW solar power plant in the state of Rajasthan, India.
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April 23, 2021
Acme Solar partners Tatweer Duqm for large-scale green hydrogen and ammonia project
Acme Solar Holdings Ltd. has signed a memorandum of understanding (MoU) with the Oman Company for the Development of the Special Economic Zone at Duqm (Tatweer) for the development of a US$2.5 bi...
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April 17, 2019
Actis cancels plan to acquire Essel Infra’s solar project in India
Actis LLP, a private equity firm, has cancelled the plan to buy the 685 MW solar portfolio in India. The solar portfolio is owned by Essel Infraprojects Ltd. The deal was supposed to be with an estima...
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July 10, 2018
5.5 GW tendered and 2.75 GW renewable capacity awarded in India
The Solar Energy Corporation of India (SECI) has published two Requests for Selections (RfS) for the development of 5.5 GW capacity on build-own-operate bases. One RfS seeks to award 3 GW solar photov...
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