Press Release
Publisher: Internationales Wirtschaftsforum Regenerative Energien (IWR)
Gamesa is
Münster, 31 March 2006 - The International Economic Platform for Renewable Energies (IWR) in Münster has for the first time determined the ‘stock of the year’ among the around 60 worldwide companies in the renewable energy industry with stock exchange listings. For 2005, the Spanish wind turbine manufacturer Gamesa tops the international rankings ahead of its Danish competitor Vestas and the German solar power company SolarWorld. The IWR study utilizes a ranking point system based on the market capitalization per trading day.
"In a strongly competitive international environment, Gamesa’s management has managed – not just briefly but continually throughout 2005 – to keep the company’s market value in a top spot relative to its competitors," says IWR Head Dr. Norbert Allnoch.
Climbers of the year compared with 2004 are the two German solar energy companies, Conergy AG and Q-Cells AG, which are listed amongst the international TOP 10 for the first time. "Q-Cells’ rise straight to number nine in the international rankings is extremely remarkable, as the company has only been listed on the stock exchange since October," notes Allnoch.
The International Economic Platform for Renewable Energies (IWR) plans every year to publish the ‘stock of the year’ for the renewable energy industry according to the presented procedure. Allnoch: "In 2005, it is mainly companies from the solar energy industry that have gone public. We’re assuming that the international market for renewable energy technology will also continue to develop positively in 2006 and, in a positive trading environment, the worldwide number of listed companies in the renewable energy industry will also increase considerably this year."
The TOP 10 companies in the renewable energy industry in 2005 (worldwide)
1. Gamesa Corp. Tecnologica S.A. [wind power, Spain]
2. Vestas Wind Systems A/S [wind power, Denmark]
3. SolarWorld AG [solar energy, Germany]
4. Energy Conversion Devices Inc. [solar energy, USA]
5. Conergy AG [solar energy, Germany]
6. Ballard Power Systems Inc. [fuel cells, Canada]
7. Ormat Technologies Inc. [geothermal energy, USA]
8. PLUG Power Inc. [fuel cells, USA]
9. Q-Cells AG [solar energy, Germany]
10. FuelCell Energy Inc. [fuel cells, USA]
Please contact Dr. Norbert Allnoch for any further information:
International Economic Platform for Renewable Energies (IWR)
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Gamesa ist Aktie des Jahres 2005 der internationalen Regenerativen Energiewirtschaft
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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� (