ACME Solar is a subsidiary of ACME Group, founded by Manoj Kumar Upadhyay in 2003. It develops, owns, and operates 6.97 GW of solar, wind, hybrid, and FDRE projects across 12 states in India. ACME Solar Holdings — one of India’s leading renewable IPPs — has reported a stellar financial and operational performance for the second quarter and first half of FY26, underscoring its transformation from a solar-focused developer into a diversified clean energy major with expanding hybrid and battery storage capabilities. ACME Solar Q2 FY26 Results: A Quarter of Exceptional Growth ACME Solar Q2 FY26 results marked a breakout quarter, driven by new project commissioning, improved ... ACME Solar Holdings Limited reported impressive Q2 FY26 results with 104% YoY revenue growth to ₹601 crore and 108% YoY EBITDA growth to ₹534 crore. Net profit reached ₹115 crore with a 19% PAT margin. The company commissioned 378 MW capacity and won new projects totaling 720 MW. ACME's total portfolio now stands at 7,390 MW, including 13.50 GWh of battery storage. The company secured ₹7,000 crore financing for projects and achieved credit rating upgrades to AA-. With a focus on ... Going beyond solar power, ACME Solar Holdings Limited has been established as an integrated renewable energy company. One project at a time, we partner across both government and private to power a sustainable tomorrow. Solar power continues to gain popularity when it comes to clean energy sources.
