# HSBC Global Investment Research has initiated coverage on ACME Solar Holdings and Clean Max Enviro Energy Solutions.

*business · news · 2026-04-13 · Business Standard*

## Key points

- HSBC initiated coverage on ACME Solar and Clean Max with 'Buy' ratings and specific target prices.
- Project execution capabilities are now more critical than cost of capital in renewable energy success.
- Battery energy storage solutions are now competitively priced, boosting renewables' reliability during evening hours.
- Both developer-to-distributor and developer-to-consumer business models are viable and supported by policy.

**Companies:** ACME Solar Holdings, Clean Max Enviro Energy Solutions
**Countries:** India

[Read the full story on Business Standard](https://www.business-standard.com/markets/news/hsbc-global-investment-initiates-buy-on-acme-solar-clean-max-share-price-target-renewable-energy-126041300103_1.html)

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