# ACME Solar plans ₹15,000-20,000 crore capex for battery storage 2026-08-10T08:18:22+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet ACME Solar Holdings plans to invest ₹15,000-20,000 crore to expand its renewable energy business, with a strong focus on battery energy storage, CEO Nikhil Dhingra told ET. The company aims to deploy about 10 GWh of battery capacity this year and expects storage to grow from 25% of its business. ACME has signed PPAs for about 4,000 MW of FDRE and hybrid projects, with a pipeline exceeding 5,080 MW. Demand for round-the-clock renewable power is expected to rise from data centres, green ammonia, and industrial electrification. The company will fund the capex through internal accruals, QIP proceeds, and project financing. ## Coverage - energy.economictimes.indiatimes.com This story was synthesised by AI from the source linked above. Tags: ACME Solar, battery storage, capex, India solar, PLI scheme, renewable energy Canonical: https://indianopinion.org/acme-solar-plans-rs15000-20000-crore-capex-for-battery-storage/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/acme-solar-plans-rs15000-20000-crore-capex-for-battery-storage/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/