Renewable energies: RENIXX World reaches a 5-year low
Muenster - The worldwide stock index for renewable energies, RENIXX World, has fallen to its lowest level since July 2005. Losses from solar shares, in particular, have in the mean time forced the renewable stock market barometer down to below 515 points, announced the IWR, a renewable energy institute, in Münster. Since the beginning of 2010 alone, RENIXX World has lost over 30 per cent. At the end of 2007 the index was still quoting over 1,900 points.
\"The market environment for the renewable energy industry is currently difficult\", said IWR director Dr. Norbert Allnoch. The worldwide economic and financial crisis is having a delayed action on this industry. Moreover, the present low oil price and the economic problems of individual countries are now damping the national political commitment to renewable energies and climatic protection, according to Allnoch.
RENIXX World online: https://www.iwr.de/renixx-online and https://www.renewable-energy-industry.com
Muenster, November 19, 2010
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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 (