Acme Solar on Tuesday announced closure of a deal with global renewable asset owner Brookfield Renewable for developing 450 mega-watt (MW) solar power generation assets in Rajasthan. The financial details of the deal were not disclosed. The deal closely follows Acme signing an agreement last week with Danish investment firm IFU and United Nations’ operational arm UNOPS S3i for developing 250 MW solar power plants in Rajasthan. Earlier in the month, Norwegian renewables player Scatec had agreed to buy 50% stake in Acme’s upcoming 900 MW generation assets in the same state.
