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ACME Solar Holdings: Stock jumps 5% after placing order for battery energy storage system

News by Aliceblue News Desk

08 Sept 2025

ACME Solar Holdings: Stock jumps 5% after placing order for battery energy storage system

Introduction

Leading renewable energy firm has placed a 2 GWh Battery Energy Storage System order through international partners, marking a major step toward expanding storage capacity for upcoming Firm & Dispatchable Renewable Energy and standalone projects.

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Share price movement of ACME Solar

On September 8, 2025, ACME Solar Holdings Ltd opened at ₹302.35, up 2.00% from its previous close of ₹296.45. The stock reached a high of ₹314.80 (6.19%) and a low of ₹301.40. By 10:07 AM, it traded at ₹310.05, a 4.59% increase, with a market cap of ₹18,760.75 crore.

ACME Solar Places 2 GWh BESS Order

ACME Solar Holdings Limited has placed a 2 GWh Battery Energy Storage System (BESS) order. The order was placed with Chuzhou Lishen New Energy Technology Co., Ltd. through POSCO International Corporation and China FAW Group Import and Export Co., Ltd.

The BESS order was finalized on September 8, 2025. It will be delivered in phases over the next six to ten months. The systems will be deployed in ACME Solar’s Firm & Dispatchable Renewable Energy (FDRE) and standalone BESS projects.

This new purchase follows a 3.1 GWh order placed in July 2025. With this addition, ACME Solar’s total BESS procurement now exceeds 5 GWh. The related projects are scheduled for commissioning within 12 to 18 months.

Stock performance of ACME Solar for Period of 1 week, 1 month, and 6 months

ACME Solar Holdings Ltd delivered a 5.02% return over the past week and gained 9.38% in the past month. The stock surged 50.1% over the past six months.

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Shareholding pattern of ACME Solar

ParticularsJun 2025Mar 2025Dec 2024
Promoter83.40%83.40%83.40%
FII5.80%4.70%5.50%
DII6.60%7.10%7.00%
Public4%4.80%4.10%

About ACME Solar

ACME Solar Holdings Ltd (NSE: ACMESOLAR), incorporated in 2015, is among India’s largest renewable energy IPPs, with a diverse portfolio of solar, wind, hybrid, and firm and dispatchable renewable energy projects across 10 states.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is ACME Solar Holdings Limited share price going up today?

A: ACME Solar Holdings Limited share price is rising as the company placed a 2 GWh Battery Energy Storage System order.

Q: What does ACME Solar Holdings Limited specialize in?

A: ACME Solar Holdings Limited specializes in solar, wind, hybrid, and firm and dispatchable renewable energy projects across multiple Indian states.

Q: What is the market capitalization of ACME Solar Holdings Limited?

A: The market capitalization of ACME Solar Holdings Limited stands at approximately ₹18,760.75 crore as of September 8, 2025.

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