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ACME Solar Shares Rise After Rajasthan BESS Commissioning
ACME Solar is a company that develops renewable energy projects.
It has started operating the battery storage part of a project in Rajasthan.
Battery storage systems hold electricity so it can be used later.
The renewable energy generation part of this project is still being developed.
The storage phase is scheduled to begin commercial operations on October 2, 2026.
On Wednesday, ACME Solar’s shares closed slightly higher at Rs 439.85.
The shares traded between Rs 436.10 and Rs 445 during the day.
The company works with solar, wind, hybrid, and other renewable energy projects.
ACME Solar Holdings shares settled at Rs 439.85 on Wednesday, up 0.47% from the previous close.
The stock opened at Rs 444.65, reached a high of Rs 445, and fell to a low of Rs 436.10.
ACME Solar said only the battery energy storage system component has been commissioned.
The project’s corresponding renewable energy generation component remains under development.
The commissioned BESS phase has a commercial operation date of October 2, 2026, while the stock has gained 85% in 2026.
- Who
- ACME Solar Holdings, a renewable energy independent power producer.
- What
- The company commissioned the battery energy storage system component of a project, while the related renewable generation component remains under development.
- Where
- Rajasthan, India.
- When
- The shares settled on Wednesday; the commissioned BESS phase has a commercial operation date of October 2, 2026.
- Why
- The articles do not state a specific reason for the commissioning.
Key facts
- Company
- ACME Solar Holdings
- Project location
- Rajasthan
- Commissioned component
- Battery energy storage system (BESS)
- Renewable generation component
- Under development
- BESS commercial operation date
- October 2, 2026
- Wednesday closing price
- Rs 439.85
- 2026 stock performance
- Up 85% so far in 2026
Sources
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