ACME Solar posts strong Q2 growth and raises storage and 2030 capacity targets
ACME Solar's Q2 revenue rose 67.5% year on year and PAT 133.5%. The company raised its FY27 BESS guidance and its 2030 renewables and storage targets.
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what happened
According to TradingView, ACME Solar reported strong second-quarter results. Revenue climbed 67.5% year on year, while profit after tax (PAT) jumped 133.5%. Battery energy storage systems (BESS) and new renewable capacity were the main drivers of the increase.
The company lifted its FY27 BESS guidance to more than 12 GWh. Its 2030 target was also raised, to 15 GW of renewables and 50 GWh of storage.
why it matters
Rising revenue and profit alongside higher storage and capacity goals suggest the company is expanding its storage and renewable generation business. For investors in clean power, the update points to continued demand for energy storage.
market impact
ACME Solar shares: strong results and higher targets support investor interest
- ACME Solar shares pressure up — strong quarterly growth and raised long-term targets support investor sentiment
tags
instruments
sources
- ACMESOLAR: Strong Q2 growth accompanies higher FY27 BESS and 2030 capacity targets — TradingView, 29 October 2026 at 16:07 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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