ACME Solar Orders 2 GWh BESS to Boost Renewable Projects

10 Sep 2025 CW Team

ACME Solar Holdings on Monday announced it has placed an order for 2 GWh of Battery Energy Storage Systems (BESS) with global energy system supplier Chuzhou Lishen New Energy Technology Co., Ltd, facilitated through POSCO International Corporation and China FAW Group Import and Export Co., Ltd.

The BESS units will be delivered in phases over the next six to ten months and deployed across ACME Solar’s Firm & Dispatchable Renewable Energy (FDRE) and standalone BESS projects, scheduled for commissioning over the next 12 to 18 months.

“With this latest order, ACME Solar's cumulative BESS procurement surpasses 5 GWh, following a previous 3.1 GWh order in July 2025. This strategic purchase will ensure timely system availability, de-risk project commissioning timelines, and accelerate overall project delivery,” said Nikhil Dhingra, CEO of ACME Solar.

ACME Solar Holdings is a leading integrated renewable energy company with a diversified portfolio spanning solar, wind, storage, FDRE, and hybrid solutions, and an operational capacity of 2,890 MW.

Jason Lee, Director of POSCO International, commented, “This is a significant step into the Indian market, the most promising BESS market globally. This partnership with ACME will allow us to expand our operations and strengthen our presence in India.”

Lu TianJun, General Manager of Lishen, added, “This agreement allows our company to contribute further to India’s energy efficiency initiatives and establish a stronger foundation for long-term growth.”

Lishen is China’s first lithium-ion battery R&D and manufacturing firm, with 27 years of experience. 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, managing global import and export operations covering vehicles, parts, and related technologies.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..