ACME Solar places 2 GWh Battery Energy Storage System order through Posco International Corporation

ACME Solar has placed an order of 2 GWh of Battery Energy Storage System (BESS) with leading global energy system supplier - Chuzhou Lishen New Energy Technology Co., Ltd through POSCO International Corporation and China FAW Group Import and Export Co., Ltd. Posco International is a global integrated business company based in Korea, and Green Energy is the one of the key focused business sector. The order will be delivered in phases over next six to ten months and would be deployed across ACME Solar's FDRE (Firm & Dispatchable Renewable Energy) and standalone BESS projects, scheduled for commissioning over the next 12 to18 months.

According to Nikhil Dhingra, CEO of ACME Solar, "With this latest order, ACME Solar's cumulative BESS procurement surpasses 5 GWh, following a previous order of 3.1 GWh BESS placed in July 2025. This strategic purchase will ensure timely availability of BESS system, playing a key role in de-risking project commissioning timelines & accelerating overall project delivery."

Jason Lee, Director of Posco International said, "This is the big step forward for us to Indian market which is the most promising BESS market in the world. With this opportunity we will diversify our partnership with the market leading enterprise, ACME, and enlarge our biz activities in India."

Lu TianJun, General Manager of Lishen adds, "Based on this agreement, our company will further contribute to the expansion of energy efficiency initiatives in the Indian market and establish a stronger foundation for long-term growth."

Lishen is China's first lithium-ion battery R&D firm and manufacturer, with 27 years business legacy and experience. The annual production capacity of 31GWh lithium-ion battery enables Lishen Battery's share to lead in global hi-end lithium-ion battery market. China FAW Group Import and Export Co., Ltd. is the trading arm of China FAW Group, the country's first automobile manufacturer and one of its largest state-owned automotive companies. The company manages global import and export operations, covering vehicles, parts, and related technologies.

Shares of ACME Solar Holdings Limited was last trading in BSE at Rs. 301.65 as compared to the previous close of Rs. 296.45. The total number of shares traded during the day was 379659 in over 7231 trades.

The stock hit an intraday high of Rs. 314.80 and intraday low of 300.00. The net turnover during the day was Rs. 116886660.00.

Source : Equity Bulls

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ACMESolarHoldings INE622W01025 Order BESS