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HSBC Global Investment Research has initiated coverage on ACME Solar Holdings and Clean Max Enviro Energy Solutions.
HSBC initiated coverage on ACME Solar and Clean Max with 'Buy' ratings and specific target prices.
KEY POINTS
- 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
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