ACME eyes Rs 10,000 cr revenue from solar gear by 2030

ACME Group is targeting ₹10,000 crore revenue by 2030 from its solar module and cell equipment manufacturing business, the company said on Sunday. While it recently commissioned a 1.2 GW solar module manufacturing unit in Rajasthan, the company is looking to expand it in the coming years.

The group plans to scale up the manufacturing capacity and have a cell manufacturing facility under its new business entity ACME Renewable Equipment Manufacturing, the company said in a statement.

The group also owns Acme Solar Holdings, which operates the renewable energy development and generation business.


After being included in the approved list of models and manufacturers, ACME will participate in supply agreements of solar modules for government projects, schemes, tenders of renewable energy implementing agencies, rooftop solar installations, KUSUM schemes and export opportunities.