Press Release

Herausgeber: Internationales Wirtschaftsforum Regenerative Energien (IWR)

RENIXX: 2008 proved a weak year for renewable stocks

Muenster - RENIXX World, the worldwide stock index for the renewable energy industry, brought 2008 to a close with a loss of approximately 64% (close: 699.07 points). Following the high RENIXX profits in 2006 (+42%) and 2007 (+107%), stock prices collapsed due to the global financial crisis and the price of oil that has plummeted from its all-time high recorded at midyear, announced the International Economic Platform for Renewable Energies (IWR) in Münster, Germany.

All 30 of the international stocks listed on the RENIXX index ended 2008 in the red. The stocks of the wind turbine manufacturer REpower showed the greatest perseverance with a loss of 11 percent. The title for the lowest performance went to the US bioethanol manufacturer VeraSun, which recorded a loss of 99 percent. "2008 was a very difficult year for the international renewable energy industry," said IWR Director Dr. Norbert Allnoch. "However, the current turbulences in the financial and energy markets along with the short-term impact on companies cannot hide the fact that the long-term growth path for renewables remains intact," said Allnoch.

The RENIXX online:
https://www.iwr.de and https://www.renewable-energy-industry.com/stocks

Muenster, January 7, 2009

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).

Soester Str. 13
48155 Muenster
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

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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 (

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