Green, solar shares on the upswing: RENIXX World gaining 31 percent in 2015

Solar PV companies First Solar, JinkoSolar are amongst the 2015 winners of RENIXX World
Solar PV companies First Solar, JinkoSolar are amongst the 2015 winners of RENIXX World

For investors in green stocks, exchange development in 2015 was positive once again. The international leading index for renewable energies RENIXX World (Renewable Energy Industrial Index) recorded at year-end with 492.39 points to 31.4 percent higher than a year ago (2014: 374.84 points).

This is the third annual increase in a row. The global growth of renewable energy continues unabated, the IWR (Munster, Germany) notes.

"The UN Climate Change Treaty and the ongoing cost reductions will give a further boost to the global investment in renewable energy," said IWR director Dr. Norbert Allnoch.

 

First Solar, JinkoSolar ranked # 4 and 5 respectively

The clear winners of 2015 were the shares of the three European manufacturers of wind turbines. The highest percentage gain in RENIXX World recorded Nordex stock at No. 1. The share rose in 2015 by 118 per cent, against the Danish wind turbine manufacturer Vestas (+115 percent) and the Spanish provider Gamesa (+111 percent). In 4th place First Solar (+67 percent) from the USA followed as the first solar PV provider ahead of JinkoSolar from China (+60 percent). The highest loss recorded for the year was the SunEdison share (USA) with a drop of 72 percent.

 

SMA, Sunrun enter RENIXX World by January 1st, 2015

As part of the regular recomposition at January 1st, 2016 based on market capitalization, Ballard Power from Canada and the Chinese wind turbine manufacturer Ming Yang descent from the index.

New entrants are the German solar PV inverter manufacturer SMA and the American solar leasing company Sunrun.

 

2016-01-04 | Courtesy: IWR | solarserver.com © Heindl Server GmbH

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