Press Release
Publisher: Internationales Wirtschaftsforum Regenerative Energien (IWR)
Disappointing First Half for RENIXX World
Münster - In spite of rising oil prices, RENIXX World, the worldwide share index for renewable energy, lost approximately 22% in the first half year of 2008 (1,496 points as of June 30, 2008). According to the International Economic Platform for Renewable Energies (IWR) in Münster, the American bioethanol shares in particular as well as the large majority of solar energy assets developed sluggishly over the first six months. "Nevertheless, following the rapid rise of the RENIXX by over 100% in 2007, while taking into account the overall international market environment, the current consolidation should not be overestimated," said IWR Director Dr. Norbert Allnoch.
On July 1, 2008, Pacific Ethanol, Clipper Windpower, Ballard Power and Solarfun will withdraw from the RENIXX World as part of the regular index review and reweighting. For their part, Portuguese renewable energy supplier EDP Renovaveis, quoted since the beginning of June, British ingot and wafer producer PV Crystalox as well as the American-based wind energy companies American Superconductor and Broadwind Energy were recently added to the index.
About RENIXX World
RENIXX World (share index for renewable energy) is the first worldwide share index that tracks the performance of the 30 largest companies - measured on their market capitalization - in renewable energy technologies, the industrial field of the future. In order to be listed in the index, companies must generate more than 50 percent of their revenue within the renewable energy industry.
The RENIXX World share index live on the internet at: https://www.iwr.de/renixx-live
Münster, 3 July 2008
Publication and Reprint free of charge; please send a voucher copy to
the International Economic Platform for Renewable Energies (IWR).
Attention editorial offices: For further questions please contact Mr.
Dr. Norbert Allnoch, International Economic Platform for Renewable
Energies (IWR).
Grevener Straße 75
48159 Münster
Germany
Phone: +49 (0)251 / 23 94 6-0
Fax: +49 (0)251 / 23 946-10
Email: info@iwr.de
Internet: https://www.iwr.de
Online press kit - all press releases from International Economic Platform for Renewable Energies (IWR)
Press photos for editorial use only
Note: For the content of this press release the issuer / publisher of the release is »International Economic Platform for Renewable Energies (IWR)« responsible.
The press release "Disappointing First Half for RENIXX World " von International Economic Platform for Renewable Energies (IWR) is also available in the following languages:
-
RENIXX World im 1. Halbjahr enttäuschend - hoher Ölpreis hilft regenerativen Aktien nicht
-
RENIXX- World decepciona en el primer semestre – el alto precio del petróleo no tiene efectos positivos para las acciones de las energías regenerativas
-
Performance décevante du RENIXX World au 1er semestre : la hausse du prix du pétrole n’a pas eu de répercussions positives sur les actions du secteur des énergies renouvelables.
More press releases from Internationales Wirtschaftsforum Regenerative Energien (IWR)
- Wholesale electricity prices fall in December to their lowest level since May 2021
- Hinkley Point C: Electricity from new British nuclear power plant costs over 15 cents per kilowatt hour
- Wholesale electricity prices in October 2023: -43.1 per cent compared to the same month last year
- More than 100 billion kWh of wind power in 2023: Wind energy is the most important energy source in Germany - decline in coal-fired power generation
- Record capacity in 2023: IWR expects more than one million new solar installations in Germany
- Germany: 10,000 MW of new wind and solar capacity connected to the grid in seven months
- Record additions in Germany: 8,000 MW of new wind and solar capacity in the first half of 2023
- IWR expects 10,000 MW of new wind and solar capacity in Germany
- Surprise increase in the business climate index of the renewable energy industry
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� (