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ACME Solar Holdings forms wholly-owned subsidiary in UAE

15 Oct 2026 Evaluate

ACME Solar Holdings has formed a wholly-owned subsidiary namely ‘ACME Renewables FZCO’ in the United Arab Emirates (UAE). The entity shall serve as a platform to support the company’s renewable energy business through procurement, supply chain management, project support, and other ancillary functions including hedging of raw material of renewables like lithium carbonate, polysilicon etc., which is available in international markets.

ACME Solar Holdings is a renewable energy company in India with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) projects.

Peers
Company Name CMP
NTPC 317.00
Tata Power 351.70
Adani Power 196.25
Power Grid Corpn. 250.70
Adani Energy Solut. 1373.30
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