PPVX nearly unchanged
Post date: 29/07/2019 - 10:41
The PHOTON Photovoltaic Stock Index (PPVX) increased by 1 percent to 1,293 points in the past week compared to the week before. The reference value for the PPVX, the NYSE Arca Oil, decreased by 0.2 percent. Since the beginning of this year, the PPVX increased by 43.9 percent (Arca Oil plus 11.2 percent).
Since the beginning of this year, the best performers were Enphase Energy (plus 340 percent), Vivint Solar (plus 109 percent) und Sunpower (plus 106 percent). The best performances in the last week came from REC Silicon (plus 24 percent) und Panda Green Energy Group (plus 17 percent), the worst performers were Meyer Burger Technology AG (minus 12 percent) and Solaria Energia y Medio Ambiente (minus 7 percent).
Since the beginning of 2003, the PPVX has risen 360 percent (NYSE Arca Oil plus 165 percent). The PPVX currently has a market capitalization of approximately €35.6 billion ($39.6 billion).
As of July 26, 2019 the South Korean company Shinsung E&G (stock market value €143 million at a price of 1,085 won, plus eight percent since the beginning of the year) was replaced by Sunnova Energy International (stock market value €853 million, initial price $11.44 per share), which went public on July 25 ($12 per share).