ACME Solar, announced that it has been selected as solar power developer for 100 MW solar PV power projects during the financial bids opening for JNNSM Phase-II held at SECI. ACME Solar has received one of the largest shares of the projects.
Commenting on the occasion, Mr. Manoj Kumar Upadhyay, Chairman, ACME Solar said, “The success of the phase II of JNNSM is a momentous occasion for all stakeholders in achieving the goal of clean and green energy. We thank the Solar Energy Corporation of India and look forward to support from all stakeholders to help us actively contribute in achieving the target of generating 22,000 MW solar power by year 2022. Also, emergence of ACME Solar in the bid has further strengthened our position as the leading solar power producer in the country.”
ACME Solar is a three-way joint venture between ACME Cleantech Solutions Limited, EDF Energies Nouvelles (EDF EN), the renewable energy arm of French state-run electricity utility Électricité de France S.A., and Luxembourg-based natural resources saving group EREN.
The joint venture has a portfolio of 150 MW including JNNSM Phase II Projects and is on the way to have solar power generation portfolio of 1000 MW by the year 2017.