Press Release
Publisher: Internationales Wirtschaftsforum Regenerative Energien (IWR)
Good mood in the renewable energy industry maintained throughout October – worldwide stock index RENIXX remains unchanged
Münster (Germany) – The mood in the renewable energy industry continues to be good despite a slight weakening in October. The corresponding business climate index of the International Economic Platform of Renewable Energies (IWR), Münster, decreased by 2.3 to 109.7 points (September: 112.0 points). Compared to the previous month of September, companies were of the opinion that the current business situation in Germany was better in October, but that things were expected to get worse in the future. “For the first time since the summer, the number of companies that are more pessimistic about the coming six months increased slightly,” said Dr. Norbert Allnoch, Director of the IWR.
On the stock exchanges, the international mood for shares in the renewable energy sector remained almost unchanged in October. The RENIXX (RENIXX® = Renewable Energy Industrial Index) finished with a plus of 1.41 percent for the month of October and, as a result, was able to remain at a level just below the 800-point mark. Since the beginning of the year, the global stock exchange barometer for the renewable energy industry has risen 22.47 percent to date. However, German shares in RENIXX mostly made losses in October. In October, Conergy shares lost 10.06 percent to 34.26 euros, Q-Cells went down by 4.02 percent to 31.00 euros and SolarWorld by 2.75 percent to 42.14 euros. Shares in the only German wind turbine manufacturer in RENIXX, Nordex, lost 1.32 percent to 11.18 euros.
Course of the business climate index: https://www.iwr.de/geschaeftsklima
Course of the RENIXX share index: https://www.iwr.de/erneuerbare-energien/aktien.html
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Anhaltend gute Stimmung in der Regenerativen Energiewirtschaft im Oktober - Weltweiter Aktienindex RENIXX unverändert
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About Internationales Wirtschaftsforum Regenerative Energien (IWR)
In 1996, the International Economic Platform for Renewable Energies (IWR) was established as an independent and private service institution of the renewable energy industry. The IWR focuses on the fields of research, economic and policy consultation as well as media and international networks in the renewable or regenerative energies sector. One main objective of the IWR is to play an instrumental role in introducing and spreading awareness for an industrial, international business profile of the renewable energy industry.
Dr. Norbert Allnoch, Director of the International Economic Platform of Renewable Energies (IWR), 1995, on the definition: "According to our definition, the Renewable Energy Industry is one which takes an interdisciplinary approach to the issue of renewable energy supply (protecting both the climate and resources) and the construction of renewable plants and systems (industry policy for the three areas electricity, heat and fuel."Chronology of the Renewable Energy Industry - Important IWR contributions, including prizes and awards - 2007 Publication of the first structural analysis for a federal state according to the IWR-analysis method for renewable systems engineering and services�(study "Zur Lage der regenerativen Energiewirtschaft in NRW" )2007 International network-contacts:IWR-director Dr. Allnoch speaks with King Harald V. of Norway and �slaug Haga, norwegian minister of energy Presentation of the network / RENIXX in the USA, dialogue with McGinty, environment minister of Pennsylvania2006 IWR starts renewable stock index RENIXX� (