Renewables
ACME Solar’s Q2 Profit Jumps 134% YoY on Renewable and Storage Growth
CEII brief
Mercom India reported on 29 Oct 2026: ACME Solar’s Q2 Profit Jumps 134% YoY on Renewable and Storage Growth.
Read the full story on Mercom IndiaGurugram-based independent power producer ACME Solar Holdings reported a total income of ₹10.07 billion (~$100.7 million) in the second quarter (Q2) of the financial year (FY) 2027, up 67.5% year-over-year (YoY) from ₹6.01 billion (~$60.1 million).
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
27.8% of electricity in the world was renewable in 2021Original reporting © Mercom India. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.