Acme wins 50MW solar project in Uttar Pradesh

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Manoj Upadhyay, founder and chairman ACME Group.

Indian developer Acme Solar has won a 50MW solar PV project in the state of Uttar Pradesh with a tariff of INR3.38/kWh (US$0.05) via an auction held by Solar Energy Corporation of India (SECI).

The capacity will be located at the Gujrai solar park. In a release, Acme said that this will be a tough project due to poor site access, soil condition, difficult contours, high wind speed, and lower global horizantal irradiance (GHI).

“We wanted to learn from this project and use our innovation and execution capabilities to meet the customer expectation. We will build special structure and balance of plant to meet site condition,” said Manoj Upadhyay, founder and chairman ACME Group.

The firm will now sign a 25-year power purchase agreement (PPA) with SECI who will sell power to the state utilities.             

With this win, Acme’s total portfolio will increase to 2.8GW.

Azure Power recently commissioned a 40MW solar PV project in Uttar Pradesh, while SECI has increased the capacity available in its tender for grid-connected floating solar at Rihand Dam in the same state from 100MW to 150MW.

Softbank's JV, SB Energy won 200MW in one of the most recent solar auctions in Karnataka with a tariff of INR 2.82/kWh (US$0.041), which is 56 rupees lower than Acme's Uttar Pradesh bid.

Read Next

July 20, 2021
It is “unhealthy” for China to dominate solar manufacturing and production bases outside of the country are necessary to reduce the risk of supply chain disruptions, an Indian government official has said.
July 20, 2021
Vikram Solar has completed a new 1.3GW solar module manufacturing facility in Tamil Nadu, India, taking its total manufacturing output to 2.5GW.
July 13, 2021
Solar PV capacity in Asia Pacific could triple to 1,500GW by 2030, with China driving deployment and Indonesia set to be the region’s fastest-growing market, according to Wood Mackenzie.
PV Tech Premium
July 9, 2021
Solar’s dominance in recent renewables auctions in Poland has further reinforced the promising outlook for the market, with developers and analysts welcoming support provided for the construction of smaller projects.
June 28, 2021
Solar PV bidders picked up around 2.2GW of capacity in Poland’s latest renewables auctions, the country’s Energy Regulatory Office (URE) has announced.
June 28, 2021
Module and cell manufacturers in India will expand their production capabilities by 13.75GW for modules and 6.9GW for solar cells, according to research by JMK Research and Analytics

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
July 29, 2021
Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events, Upcoming Webinars
October 6, 2021