Renewable Energy Stock in Focus: ACME Solar Holdings Hits Fresh 52-week High After Placing a 2 GWh BESS Order 

Indian equity benchmarks started Monday’s session on a positive note. At 9:15 a.m. IST, the Nifty 50 was trading 0.25% higher at 24,802.6, while the Sensex rose 0.24% to 80,904.4.

Meanwhile, ACME Solar Holdings Limited, a prominent integrated renewable energy player, saw its share price hit a new 52-week high after the company placed a 2 GWh Battery Energy Storage System order through POSCO International Corporation.

ACME Solar Strengthens BESS Portfolio

ACME Solar Holdings Limited, a prominent integrated renewable energy player, today announced a significant order for 2 GWh of Battery Energy Storage System (BESS). This strategic purchase was placed with Chuzhou Lishen New Energy Technology Co., Ltd, a leading global energy system supplier, facilitated through POSCO International Corporation and China FAW Group Import and Export Co., Ltd.

The ordered BESS units are slated for phased delivery over the next six to ten months. Upon arrival, they will be deployed across ACME Solar’s Firm & Dispatchable Renewable Energy (FDRE) and standalone BESS projects, which are scheduled for commissioning within the next 12 to 18 months.

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.

Entities Involved

• ACME Solar Holdings operates with a diversified portfolio that includes solar, wind, storage, FDRE, and hybrid solutions, ACME Solar boasts an operational capacity of 2,890 MW. The company manages end-to-end development and Operations & Maintenance (O&M) for its plants through its in-house EPC and O&M division, ensuring cost-effective project delivery and industry-leading performance.
• POSCO International Corporation, a global integrated business company based in Korea, POSCO International has identified Green Energy as one of its key focused business sectors.
• Chuzhou Lishen New Energy Technology Co., Ltd (Lishen) known as China’s first lithium-ion battery R&D firm and manufacturer, Lishen brings 27 years of business legacy and experience to the table. The company possesses an annual production capacity of 31 GWh lithium-ion battery, allowing it to maintain a leading share in the global high-end lithium-ion battery market.
• China FAW Group Import and Export Co., LtdThis entity serves as the trading arm of China FAW Group, which is recognised as China’s first automobile manufacturer and one of its largest state-owned automotive companies. The company oversees global import and export operations encompassing vehicles, parts, and related technologies.

ACME Holdings Share Price Jumped Over 5% on Monday

On Monday, September 8, ACME Holdings' share price jumped over 5% to trade at a 52-week high of ₹315 per share. As of 10:00 am the stock price was trading at ₹308.55 per share, up by 4.8%.