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Acme International Expands Green Energy Footprint with New Solar Project in the Philippines

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Acme International Expands Green Energy Footprint with New Solar Project in the Philippines

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The latest announcement is out from Acme International Holdings Limited ( (HK:1870) ).

Acme International Holdings Limited has announced a co-development agreement between its subsidiary, Green Empire Developments Limited, and Gainza Energy Corporation to establish a joint venture for a 40MWh aquavoltaics solar power project in the Philippines. This collaboration aligns with Acme’s strategic goal of expanding its green power energy business in Southeast Asia, demonstrating its commitment to becoming a major player in the region’s renewable energy sector.

The most recent analyst rating on (HK:1870) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Acme International Holdings Limited stock, see the HK:1870 Stock Forecast page.

More about Acme International Holdings Limited

Acme International Holdings Limited is engaged in the provision of AI+ electricity trading services, professional technical services for renewable energy solutions, and the development, design, production, and sales of green power energy generation and energy storage systems. The company also offers one-stop design and build solutions for building maintenance unit systems, with a market focus on expanding its green power energy business in Southeast Asia.

Average Trading Volume: 4,873,266

Technical Sentiment Signal: Sell

Current Market Cap: HK$389.9M

For an in-depth examination of 1870 stock, go to TipRanks’ Overview page.

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