New Delhi, March 24 ACME Solar Holdings announced on Tuesday that it has commissioned an additional 155 MW/470.25 MWh of Battery Energy Storage System (BESS) capacity through its subsidiaries.
With this, the company's total commissioned BESS capacity has reached 297.67 MW/951.74 MWh, out of a total planned BESS capacity of 835 MW/3,114.64 MWh across its special purpose vehicles (SPVs), the company statement said.
Located in Rajasthan, these BESS facilities are connected to the existing operational Inter-State Transmission System (ISTS) and will operate on a merchant basis, generating additional revenue through the price differential between peak and off-peak demand hours.
These projects are designed to enhance grid reliability and optimize power utilization by charging batteries during off-peak periods and discharging during peak periods.
This capability will play a critical role in balancing energy supply and demand while improving overall grid stability.
ACME Solar Holdings is a leading integrated renewable energy player with a diversified portfolio of 8,071 MW across solar, wind, storage, FDRE, and hybrid solutions, and an operational contracted capacity of 2,978 MW and 1.0 GWh of BESS capacity, as well as an under-construction contracted capacity of 5,093 MW, including 16 GWh of BESS installation.