ACME Group

ACME, IHI Corp Collaborate To Explore Opportunities In Green Hydrogen

Gurugram headquartered diversified renewable energy company ACME Group and Japan’s comprehensive heavy-industry manufacturer IHI Corporation have announced the signing of an MoU to jointly explore the potential business opportunities of green hydrogen. As per ACME, the intent of this MOU is to jointly study and evaluate potential projects with respect to collaboration opportunities across the […]

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Green Energy to be Focus Area During Egyptian Pres Visit on R-Day

Egyptian President Abdel Fattah El-Sisi will be presiding over as the Chief Guest on India’s Republic Day. This is the first time that an Egyptian leader is invited as Chief Guest on the day. Ahead of the visit, green energy has surfaced as an important of cooperation between India and Egypt. Green hydrogen has specifically been […]

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ACME Group Sets Foot into Gujarat Wind Energy Market with 50 MW Project

Gurugram-based ACME Group has entered the wind energy market by signing a PPA with Gujarat Urja Vikas Nigam Limited (GUVNL). Currently, ACME runs solar power facilities in 12 States and provides electricity to 13 State DISCOMS. The ACME Group has won its first 50 MW grid-connected wind power project to mark its debut in the […]

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After Promising Start, Karnataka Increases GIM Investment Plans

After the Global Investors’ Summit got off to a strong start, Karnataka increased its fundraising target by Rs 2.5 lakh crore to Rs 7.5 lakh crore, according to Union Finance Minister Nirmala Sitharaman. “When this global meeting was first being arranged, their initial expectations and goals were in the neighborhood of 5 lakh crore. Now […]

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ACME Moves Ahead On Land For Green Ammonia & Hydrogen Project In Oman

Renewable energy developer ACME Group today announced signing of a land agreement to set up one of the world’s largest green ammonia projects at Special Economic Zone at Port of Duqm in Oman. ACME signed the agreement with the Public Authority for Special Economic Zones and Free Zones which is a Government authority of Oman. […]

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Six RE Players Form IGHPA for Hydrogen Advocacy

Six companies dealing in renewable energy (RE) have come together to form an independent advocacy group to give a fillip to the Hydrogen Sector in India. It will be called as Independent Green Hydrogen Association (IGHPA) and the key objective of the forum is to engage with Government and other key stakeholders to realize the […]

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Scatec Partners With ACME For 900 MW Solar Plant in India

Norway headquartered renewable power producer and supplier, Scatec has today announced its partnership with an Indian solar developer ACME, to develop a 900 MW solar power plant in Rajasthan, India. This solar power project includes a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) secured in a tender in 2018. Scatec […]

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Indian Gov’t Puts Safeguard Duty on Hold

The safeguard duty which was brought into effect on July 30, 2018 in order to protect interest of domestic solar manufacturers was awaiting clearance from Orissa High Court after solar player ACME Group filed a writ petition against the safeguard duty on imports. In a relief to the domestic solar developers, Finance Ministry has issued […]

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ACME, NHPC, Bihar-Based Startup Get SIPB Clearance for Solar Projects

ACME Group through its two arms ACME Nalanda Solar Power and ACME Magadh Solar Power to set up 15 MW and 10 MW solar projects respectively in Kakwara village of Banka, Bihar with an aggregate investment of about Rs 188.76 crore. In a move to boost solar power generation in Bihar, the State Investment Promotion […]

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