ACME Solar: Can batteries power its next growth phase?
As ACME monetises the gap between cheap daytime solar power and expensive evening electricity, the opportunity is significant. But can it sustain returns as competition intensifies and price spreads narrow?
By Q1 FY27, ACME had commissioned approximately 3.62 GWh of battery storage. (File photo)
AI Narration
Listen
00:00
Thank you for your feedback.
Your feedback has been reported succesfully.
12 min readOct 23, 2026 07:30 AM IST First published on: Oct 23, 2026 at 07:30 AM IST
India is generating increasingly large amounts of solar power during the day, depressing prices during those hours. After sunset, solar generation disappears, but electricity demand remains. The result is a growing mismatch between when power is available and when it is needed.
ACME Solar is attempting to monetise this imbalance by installing battery energy storage systems (BESS) at its existing plants. Instead of earning money only by generating electricity, it can now charge batteries when power is cheap and sell it when prices rise.
By Q1 FY27, ACME had commissioned approximately 3.62 GWh of battery storage. In Q1 FY27, the phased operationalisation of around 3.1 GWh of BESS capacity generated Rs 226 crore in revenue.
KioskNews shows a cleaned-up reading view extracted from the publisher’s page — the original always lives on their site, not ours.