Press Release
Publisher: Internationales Wirtschaftsforum Regenerative Energien (IWR)
RENIXX benefits from company figures
- The renewable stock index, RENIXX, rises by 13.9 per cent in November / business climate index for Germany drops a little -
Münster (Germany) - The international stock market for renewable energy was very strong in November. The renewable stock exchange barometer, RENIXX (Renewable Energy Industrial Index), in which the 15 biggest international companies in the renewable energy industry are listed, rose by 110.9 index points (+13.9 per cent) to 908.3 points last month, announced the International Economic Platform for Renewable Energies (IWR) in Münster, Germany. Since the beginning of the year the RENIXX has been able to record an increase of 39.5 per cent until now. During the previous month, international wind energy stocks could show above average gains following the presentation of company figures. The Danish wind turbine manufacturer and world market leader, Vestas, achieved its highest monthly profits in November with an increase in its market price of 34.3 per cent. The stocks of the second largest American bioethanol producer, VeraSun Energy (+ 33.9 per cent) and of the German solar energy group, Conergy, (+24.0 per cent) equally shone with high double-figure growth.
In Germany, the mood in the renewable energy sector has worsened a little again. The business climate index that has been published by the IWR since 2004 fell by 1.4 points to 108.3 points in November 2006 (October: 109.7). While the current situation was assessed to be better than in the previous month again, business prospects particularly continued to look gloomy for the next six months. “The new figures indicate a slight slowdown in growth next year,” said IWR Director Dr. Norbert Allnoch. In particular, expectations regarding exports have lessened considerably, explained Allnoch.
Course of the RENIXX share index:
https://www.iwr.de/erneuerbare-energien/aktien.html
Course of the business climate index:
https://www.iwr.de/geschaeftsklima
Münster, 6th December 2006
Please contact Dr. Norbert Allnoch for any further information:
International Economic Platform for Renewable Energies (IWR)
Grevener Straße 75
48159 Munster
Germany
Phone: +49 (0)251 / 23 94 6-0
Fax: +49 (0)251 / 23 946-10
Email: info@iwr.de>info@iwr.de
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RENIXX profitiert von Unternehmenszahlen<br><Font size="-2">- Regenerativer Aktienindex RENIXX legt im November um 13,9 Prozent zu / Geschäftsklima-Index für Deutschland gibt leicht nach -</br></Font>
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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� (