Münster - Continuing their favorable view of shares in the renewable energy industry, investors have kept up their spending spree. The RENIXX World Renewable Energy Industrial Index finished May up 3.9% at 1284.08 points (April 2007: 1235.51), a new all-time high, announced the International Economic Platform for Renewable Energies (IWR) in Münster, Germany.
The renewable stock exchange barometer has increased 38.73% since the beginning of the year. “The industry is enjoying a strong tailwind thanks to the ongoing climate debate. The overall favorable environment for investments in renewable energy technologies continues to improve, especially internationally,” said IWR Director Dr. Norbert Allnoch. Sales of RENIXX shares climbed to EUR 2.235 billion in May on the German stock exchanges (April 2007: EUR 1.573 billion).
The mood in the companies of the industry has also improved in the past month. The industry’s business climate index for Germany rose to 114.8 points in May (April: 107.3 points). Although the current situation of the companies was worse compared to the previous month, companies’ expectations have brightened considerably for the next six months.
RENIXX World current stock price performance in the Internet:
Business climate index (2004 - 2007): https://www.iwr.de/geschaeftsklima
Münster, June 5, 2007
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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 servicesï¿½(study "Zur Lage der regenerativen Energiewirtschaft in NRW" )2007 International network-contacts:IWR-director Dr. Allnoch speaks with King Harald V. of Norway and ï¿½slaug 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 RENIXXï¿½ (