ACME Solar signs 300 MW peak power deal with India's SECI

2026-10-20 · Climate · India

ACME Solar has entered into a power purchase agreement with India's Solar Energy Corporation of India (SECI) to deliver 300 MW and 1.2 GWh of assured peak power supply. The deal pairs solar generation with storage-backed capacity to meet peak demand, a structure India has been promoting to firm up renewable output. The agreement adds to ACME Solar's contracted renewable portfolio and reflects growing demand for dispatchable clean power as India's grid absorbs more variable renewables.

Why it matters：Storage-backed peak power contracts show how India is trying to make solar dispatchable, a model that could spread as grids with high renewable shares seek reliability.

Key points

• The PPA covers 300 MW and 1.2 GWh of assured peak power.
• The counterparty is India's Solar Energy Corporation of India.
• The structure combines solar with storage-backed capacity.

Sources (original reporting)

• Energy Monitor

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