In the latest auction conducted by Solar Energy Corp. of India (SECI), Acme Cleantech has secured the supply of 1,00,000 tonnes per annum (TPA) of green ammonia to Indian Farmers Fertiliser Cooperative Ltd (IFFCO) at a price of INR 54.73/kg.
ACME Cleantech and BASF have also signed a Memorandum of Understanding (MoU) to explore further collaboration in the green ammonia business.
The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable renewable energy. The projects are to be developed on a build-own-operate basis.
NTPC Renewable Energy has secured 900 MW in PFC Consulting’s 1.25 GW solar auction. Acme Cleantech won 300 MW and Solarcraft 50 MW.
Solar Energy Corp. of India has published the winners of 1.2 GW of hybrid wind-solar projects, paired with energy storage for assured peak power supply. The lowest tariff awarded was INR 4.64 ($0.057)/kWh.
Clean energy solution provider ACME Cleantech is planning to expand its current li-ion production capacity of 350 MWh to as much as 3 GWh by 2020. The company has also designed a charging plus swapping station for li-ion batteries to provide clean transport solutions.
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