The company is expected to commission 1.1 GW in FY27, 2 GW in FY28, 2.95 GW in FY29 and another 1.75 GW in FY30, according to estimates by Axis Capital
The investment will cover manufacturing of ingots, and wafers
The capacity has been commissioned through ACME Greentech Seventh Private Limited, a wholly owned subsidiary of ACME Solar
According to the company, the transaction has reduced borrowing costs by about 150 basis points across the issuing SPVs
