Latest news with #Acme
Yahoo
2 days ago
- Climate
- Yahoo
Bucks County residents, need ice to keep food cold amid power outage? Check these stores.
While PECO is working to restore power for approximately 30,000 customers still in the dark from Thursday's storms, many outages could still last late into Friday night. Keeping perishable food is probably a concern for the thousands across Lower Bucks County who will possibly be without power for more than 24 hours. Temperatures, meanwhile, are expected to rise as high as 84 degrees Fahrenheit. Bacteria growth can take place in some foods after just two hours above 40 degrees, and some foods may need to be thrown out if not kept cool for four hours or more. Ice and dry ice can help temporarily preserve food during power outages. Dry ice can preserve food for up to two days, though it's not as commonly sold to retail customers in grocery stores. The Doylestown Acme has dry ice available for pickup in store. Staff at other stores that typically carry dry ice told this news organization that they are waiting for a restock, or are using the dry ice they have to stock their freezers and keep food cold. John Williams, general manager from Philadelphia Dry Ice & Jim's Ice, said he was in Bucks County all night, delivering dry ice to Acme and ShopRite locations. "I've never seen anything like it,' Williams said. Williams said the company has run out of dry ice for at least the next few hours, but said he is trying to source more. White Oak Ice Co. in Bensalem has also sold out of dry ice. Here's a list of the stores that this news organization contacted earlier today to find out who has regular and dry ice available. Bensalem: 1336 Bristol Pike and 2301 Bristol Road. Doylestown: 480 N. Main St. (selling both dry ice and regular bags of ice). Levittown: 6800 New Falls Road. Trevose: 105 E. Street Road. Warminster: 176 W. Street Road. Middletown: 450 E. Main St. Southampton: 466 Second Street Pike. Warminster: 720 W. Street Road. Warrington: 1661 Easton Road (the ice cooler is broken, but ice is available by request). Yardley: 700 Stony Hill Road. Fairless Hills: 471 S. Oxford Valley Road (sold out of ice). Newtown Borough: 2890 S. Eagle Road, The Villages at Newtown (sells dry ice, but is currently out of stock with more expected later Friday). Yardley: 635 Heacock Road, at the Edgewood Village Shopping Center. Yardley: 925 Vansant Drive. Warrington: 1405 Main St. Bensalem: 2200 Bristol Road. Fairless Hills: 547 S. Oxford Valley Road. Yardley: 1603 Big Oak Road. Warminster: 942 W. Street Road. Bensalem: 3461 Horizon Blvd. Levittown: 180 Levittown Center. Warminster: 100 E. Street Road. Warrington: 299 Valley Gate Drive. Kai Lincke can be reached at klincke@ Elisabeth Seidel can be reached at eseidel@ This article originally appeared on Bucks County Courier Times: Stores selling ice during power outage after storms in Bucks County
Economic Times
10-06-2025
- Business
- Economic Times
Sustained capacity addition, PPA tie ups improve revenue visibility for Acme Solar
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The stock of Acme Solar Holdings , a renewable energy producer, has gained 18% on bourses in a month following strong fourth quarter performance in terms of double digit revenue and profit growth and improved power generation. The company continues to expand the operational capacity of its projects, which is fully tied up to long term power purchase agreements (PPA) with central and state government agencies thereby offering revenue visibility. Analysts anticipate a strong revenue and profit growth annually between FY25 and company builds, owns, and operates renewable energy projects in solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) categories. FDRE offers firm power supply at higher capacity utilisation factor (CUF) compared with solar and wind June 10, Acme announced commissioning of 75 megawatts (MW) of renewable energy capacity at its project in Sikar, Rajasthan, which follows a 165 MW addition in May taking the commissioned capacity to 240 MW out of planned capacity of 300 MW. This has also enhanced its total operational capacity to 2,806 MW as of June 10, 2025 from 1,340 MW a year ago. It has another 4,164 MW of capacity at various stages of implementation, which is expected to be commissioned by FY25, the company's power generation increased by 55.2% to 4,013 million units, driven by improved operational capacity and an increase in CUF to 25.6% in FY25 from 23.6% in the previous year. The company monetised 369 MW of assets in FY25. Excluding that, revenue grew by 32.3% year-on-year to Rs1,575 crore while net profit surged nearly four times to Rs 251 crore in asset base expanded by 36% to Rs15,507 crore while net worth grew by 74% to Rs4,509 crore, helped by an initial public offering (IPO) in November wherein it raised Rs 2,395 crore of fresh stock has been under pressure since its public listing on November 13, mostly trading below the offer price of Rs 289 given the hangover of additional stake sale by the promoter group to reduce its holding from 83.4% to 75% or below to abide by the regulatory requirement.'Given the company's discernible execution performance and visibility on upcoming capacity, we estimate revenue and EBITDA to grow by 54% and 57% over FY25-28,' stated JM Financial Research in a report. It has a buy call on ths tock with a target price of Rs270. The stock was last traded at Rs252.8 on Tuesday on the BSE.
Time of India
10-06-2025
- Business
- Time of India
Sustained capacity addition, PPA tie ups improve revenue visibility for Acme Solar
The stock of Acme Solar Holdings , a renewable energy producer, has gained 18% on bourses in a month following strong fourth quarter performance in terms of double digit revenue and profit growth and improved power generation. The company continues to expand the operational capacity of its projects, which is fully tied up to long term power purchase agreements (PPA) with central and state government agencies thereby offering revenue visibility. Analysts anticipate a strong revenue and profit growth annually between FY25 and FY28. The company builds, owns, and operates renewable energy projects in solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) categories. FDRE offers firm power supply at higher capacity utilisation factor (CUF) compared with solar and wind projects. On June 10, Acme announced commissioning of 75 megawatts (MW) of renewable energy capacity at its project in Sikar, Rajasthan, which follows a 165 MW addition in May taking the commissioned capacity to 240 MW out of planned capacity of 300 MW. This has also enhanced its total operational capacity to 2,806 MW as of June 10, 2025 from 1,340 MW a year ago. It has another 4,164 MW of capacity at various stages of implementation, which is expected to be commissioned by FY28. In FY25, the company's power generation increased by 55.2% to 4,013 million units, driven by improved operational capacity and an increase in CUF to 25.6% in FY25 from 23.6% in the previous year. The company monetised 369 MW of assets in FY25. Excluding that, revenue grew by 32.3% year-on-year to Rs1,575 crore while net profit surged nearly four times to Rs 251 crore in FY25. Acme's asset base expanded by 36% to Rs15,507 crore while net worth grew by 74% to Rs4,509 crore, helped by an initial public offering (IPO) in November wherein it raised Rs 2,395 crore of fresh equity. The stock has been under pressure since its public listing on November 13, mostly trading below the offer price of Rs 289 given the hangover of additional stake sale by the promoter group to reduce its holding from 83.4% to 75% or below to abide by the regulatory requirement. 'Given the company's discernible execution performance and visibility on upcoming capacity, we estimate revenue and EBITDA to grow by 54% and 57% over FY25-28,' stated JM Financial Research in a report. It has a buy call on ths tock with a target price of Rs270. The stock was last traded at Rs252.8 on Tuesday on the BSE.
Yahoo
29-05-2025
- Entertainment
- Yahoo
CMA Fest 2025: See which roads plan to close in downtown Nashville
NASHVILLE, Tenn. (WKRN) — Road closures are scheduled to begin this week in downtown Nashville as the city prepares for the world's longest-running Country music festival to return. CMA Fest will take place from June 5-8. However, road closures are set to begin as early as Thursday, May 29, days before the four-day festival is set to begin. According to festival organizers, here are road closures for the CMA Fest 2025: 1st Avenue from Demonbreun to Broadway Northbound lane of 1st Avenue from Broadway to Church Street Alley behind Acme Feed/13 Aly from 1st Avenue to 2nd Avenue Alley behind Acme and Pesca Lot/12 Aly from Pedestrian Bridge to 13 Aly Beginning at 7 a.m., all of these roads will close and are not expected to open until 7 p.m. Monday, June 9. Who's performing at CMA Fest? See the full 2025 lineup Meanwhile, 1st Ave. from Molloy Street to Demonbreun is expected to reopen at 5 a.m. on Wednesday, June 4. The westbound lane of Demonbreun from 4th Avenue to Rep. John Lewis Way will close at 9 a.m. and reopen by 7 p.m. One lane of Demonbreun from 4th Avenue to Rep. John Lewis Way will close at 9 am. and reopen at 7 p.m. Rep. John Lewis Way from Demonbreun to Broadway will close at 6 a.m. At 7 a.m., 1st Avenue from Broadway to Church Street will close Both routes are scheduled to reopen by 8 p.m. Monday, June 9. Additionally, the westbound lane of Demonbreun from 4th Avenue to Rep. John Lewis Way will close at 9 a.m. and reopen by 7 p.m. At midnight, the following routes will close to traffic flow: South 1st Street from Woodland Street to Russell Street Russell Street from 2nd Street to Titans Way Titans Way from Russell Street to Victory Avenue Victory Avenue from Titans Way to South 2nd Street All of those routes will remains closed through June 10. In addition to the closures above, Broadway from 1st Avenue to 2nd Avenue, and a westbound lane of Demonbreun from 4th Avenue to Rep. John Lewis Way, will close at 7 a.m. Symphony Place from 3rd Avenue to 4th Avenue will close at 7 a.m. and is scheduled to reopen around 5 p.m. on Tuesday, June 10. | READ MORE | Meanwhile, a westbound lane of Demonbreun from 4th Avenue to Rep. John Lewis Way will stay closed until 7 p.m. In addition to that closure, Broadway from 2nd Avenue to 4th Avenue will reopen at 3 a.m. on Monday, June 9. Demonbreun from 4th Avenue to Rep. John Lewis Way 1st Avenue from Korean Veterans Boulevard to Demonbreun Molloy Street from 1st Avenue to 2nd Avenue Demonbreun from 1st Avenue to 2nd Avenue Westbound lane of Shelby/Korean Veterans Boulevard from South 2nd Street to 1st Avenue East lane of Broadway from 6th Avenue to Rep. John Lewis Way Southbound lane of 4th Avenue South from Broadway to Demonbreun Northbound lane of 6th Avenue South from Korean Veteans Boulevard to Demonbreun Eastbound lane of Commerce Street from Rep. John Lewis Way to 3rd Avenue North Northbound lane of South 1st Street from 2nd Street to Victory Avenue All of those routes will remains closed through June 9. Both Rep. John Lewis Way from Korean Veterans Boulevard to Demonbreun Street, and Demonbreun from Rep. John Lewis Way from 6th Avenue, will stay closed until 7 p.m. From 7 a.m. – 7 p.m., Rep. John Lewis Way from Korean Veterans Boulevard, and Demonbreun from Rep. John Lewis Way to 6th Avenue, will be closed. Rep. John Lewis Way from Korean Veterans Boulevard to Demonbreun Street, and Demonbreun from Rep. John Lewis Way to 6th Avenue, will be closed from 7 a.m. – 7 p.m. ⏩ Beginning at 7 a.m., traffic will be closed on Rep. John Lewis Way from Korean Veterans Boulevard to Demonbreun, and Demonbreun from Rep. John Lewis Way to 6th Avenue. Officials said the roads should reopen by 7 p.m. The westbound lane of Demonbreun from 4th Avenue to Rep. John Lewis Way will be closed until 10 p.m. From 9 a.m. to 5 p.m., the northbound lane of 1st Avenue from Demonbreun to Church Street will remain closed. To learn more about the four-day festival, follow this link. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Business Standard
20-05-2025
- Business
- Business Standard
Acme Solar Q4 PAT fall 77% YoY to Rs 123 cr
Acme Solar Holdings reported a 76.82% decline in consolidated net profit to Rs 123.36 crore in Q4 FY25, compared to Rs 532.39 crore in Q4 FY24. Despite the steep drop in profitability, the companys revenue from operations surged 64.95% to Rs 486.89 crore during the quarter, reflecting strong topline growth. The company reported a profit before exceptional items of Rs 180.35 crore, compared to a loss of Rs 14.99 crore in the same period last year. However, the firm has reported an exceptional loss of Rs 14.08 crore was recorded during the quarter. EBITDA for the quarter increased sharply by 118.3% YoY to Rs 488 crore, up from Rs 224 crore in Q4 FY24. The EBITDA margin also improved significantly to 90.5% in Q4 FY25, from 70.3% reported in Q4 FY24. For the full financial year FY25, the companys consolidated net profit dropped 63.87% to Rs 252.11 crore, even as revenue from operations rose 6.54% to Rs 1,405.13 crore compared to FY24. The companys net debt stood at Rs 7,507 crore as of FY25, with Rs 6,232 crore linked to the operational portfolio and Rs 1,275 crore associated with under-construction (UC) capacity. The net debt-to-EBITDA ratio came in at 4.4x, comfortably within the companys target range of 5.5x. During the year, Acme commissioned 1,200 MW of solar power projects. In addition, 165 MW of capacity was commissioned in May 2025, representing a 101.9% increase over the previous fiscal year. The company won 1,900 MW in new projects, taking its total portfolio to 6,970 MW. It also signed 1,890 MW of Power Purchase Agreements (PPAs) during FY25. Operationally, the company achieved a Capacity Utilisation Factor (CUF) of 25.6%, generating 4,013 million units (MUs) of electricityup 55.2% year-on-year. Acme also strengthened its balance sheet through an equity raise, improving the net debt-to-net worth ratio to 1.7x, positioning the company well for future growth. Manoj Kumar Upadhyay, chairperson & MD, ACME Solar Holdings, said, As Indias energy landscape evolves, ACME Solar is well-positioned to lead the transition towards integrated, scalable, and firm renewable energy solutions. FY25 has been a remarkable year for us. We significantly expanded our operational portfolio and successfully commissioned our largest single-location projectthe 1,200 MW SECI ISTS solar project. This capacity build-out, aligned with disciplined capital structuring, is now translating into stronger earnings performance. In Q4 FY25, our revenue rose by 70% year-on-year to Rs 539 crore, while EBITDA surged 118% to Rs 488 crore. As we continue to scale our presence in the hybrid and FDRE space, our business is becoming more resilient and future ready. With over 4,265 MW under construction and strong alignment across stakeholders, we are confident in our ability to deliver sustained growth and long-term value creation. Looking ahead, we are targeting a contracted capacity portfolio of 10 GW by 2030, reinforcing our commitment to sustainable growth and energy transition leadership. ACME Solar Holdings (ACML) is a renewable power generation company in India with a portfolio of solar, wind, hybrid and FDRE (firm and dispatchable renewable energy) projects. The counter slipped 2.94% to Rs 239.05 on the BSE.
