Deals Counterparts

ACME Solar Holdings

company 1 Deal 1 Partner

Gurugram-based ACME Solar Holdings, a part of ACME Group, is a leading Indian renewable energy developer primarily focused on utility-scale solar PV projects. The company has developed over 5.5 GW of solar assets across India and is actively expanding into large-scale green hydrogen production globally.

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Founded 2003 Parent: ACME Group
Renewable Energy DeveloperDeveloperOperator

Strategic Overview

  • ACME Solar is a key player in India's renewable energy sector, with a strong focus on utility-scale solar PV.
  • The company is strategically diversifying into green hydrogen and ammonia production, with a significant international project in Oman.
  • ACME Group aims to be a global leader in green hydrogen and ammonia, leveraging its expertise in renewable energy development.

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Deal Activity from Public Sources

ACME Group signs land agreement with OQ for a large-scale green hydrogen and ammonia project in Duqm, Oman.
Development Green Hydrogen, Solar PV, Onshore Wind Oman March 2022 3000 MW with OQ

Investment Focus

Technologies
Storage1
Geography
India1

Key People

Manoj Kumar Upadhyay
Founder & Chairman

Track Record

5,500
MW Total
25
Deals Completed
21
Years Active
Notable projects: Bhadla Solar Park projects (Rajasthan, India), Rewa Ultra Mega Solar Park (Madhya Pradesh, India), Green Hydrogen and Ammonia Project (Duqm, Oman)

Detailed Analysis

Technologies
Solar PVGreen HydrogenBattery StorageOnshore Wind
Sectors
Energy TransitionUtilities
Geographies
IndiaOmanAfrica
Deal Stage
GreenfieldOperating

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