ACME Solar Holdings announced that it will order more than 3.1 GWh of BESS to acquire high-efficiency scalable storage solutions managed by Zhejiang Narada as well as Trina Energy.
This is one of the largest battery storage purchases so far in India and will enable utilization of Battery Energy Storage Systems (BESS) on a variety of renewable energy FDRE (Firm & Dispatchable Renewable Energy) and battery-linked projects, expected to be commissioned within 12-18 months in various states of India, as a company statement said.
Delivery would be in phases to be undertaken within the next four to eight months of the current fiscal year. Significantly, the order value of such systems is comfortable in the planned cost, thus realizing the overall CAPEX economy with priority on the technical aspects and reliability of the suppliers.
Besides, early purchase of the systems would increase execution schedules and allow the realization of revenues in a timely manner.
Sophisticated BESS infrastructure meets international standards, such as IEC (International Electrotechnical Commission) and UL (Underwriters Laboratories) standards, so it is of the best quality in terms of safety, performance and reliability.
The considerable order highlights that ACME Solar is dedicated to promoting the implementation of clean energy and grid resiliency in one of the renewable energy developmental regions of India that is also growing rapidly.
ACME Solar Holdings is a major, diversified renewable energy player and enjoys a broad renewable energy portfolio of 6,970 MW, including 550 MWh of solar, wind, storage, FDRE and hybrid sectors.
ACME Solar has an operational capacity of 2,890 MW, pertaining to which another 4,080 MW is at different levels of implementation.
The company has an in-house EPC (Engineering Procurement and Construction) and O&M division, which provides the company with an end-to-end plant development and O&M of the plant to deliver projects cost- and time-effectively, coupled with best-in-class operating performance, as evident in the leading CUF (Capacity Utilization Factor) and operating margins of the company.
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