|
|
 |
|
|
|
|
| May
2, 2008 |
Index Value |
4,920 |
|
|
| |
| Company |
Stock
price |
% since
01/01/08 |
% since
04/25/08
|
Country |
Activities |
| Canadian Solar |
$27.12 |
-3.7% |
11.0% |
China |
PV modules |
| Centrotherm photovoltaics |
€55.85 |
-25.5% |
3.7% |
Germany |
Production equipment |
| China Sunergy |
$8.98 |
-45.6% |
4.7% |
China |
cells |
| Conergy AG |
€13.61 |
-44.5% |
17.8% |
Germany |
PV
systems |
| Energy Conversion
Devices |
$32.88 |
-2.3% |
0.9% |
USA |
amorphous modules,
batteries |
| ErSol Solar Energy AG |
€68.65 |
-4.3% |
2.4% |
Germany |
cells, modules |
| E-Ton Solar |
$366.00 TWD |
14.7% |
-1.6% |
Taiwan |
cells |
| Evergreen Solar |
$8.43 |
-51.2% |
-2.9% |
USA |
cells,
modules |
| First
Solar |
$276.24 |
3.4% |
-4.2% |
USA |
PV
thin-film modules |
| Gintech Energy |
$320.00 TWD |
6.6% |
6.3% |
Taiwan |
cells |
| JA
Solar |
$21.93 |
-5.8% |
-9.6% |
China |
cells |
| LDK Solar |
$33.41 |
-28.9% |
6.5% |
China |
PV
wafers |
| Manz Automation AG |
€169.77 |
2.9% |
3.6% |
Germany |
Production equipment |
| Meyer Burger Technol. AG |
315.50 CHF |
-24.5% |
-2.9%
|
Switzerland |
PV wafer saws |
| Motech |
$267.00 TWD |
-10.3% |
7.7% |
Taiwan |
cells |
| Phoenix Solar AG |
€38.67 |
2.0% |
0.1% |
Germany |
PV modules, systems |
| PV Crystalox Solar |
£1.6325 |
6.9% |
3.7% |
UK |
Ingots, wafers |
| Q-Cells
AG |
€74.05 |
-24.3% |
0.7% |
Germany |
cells |
| Renesola
Ltd. |
£4.055 |
-17.9% |
-6.9% |
China |
PV wafers |
| Renewable Energy Corp. |
173.50 NOK |
-37.1% |
-2.8% |
Norway |
silicon,
wafers,
cells, modules |
| Roth & Rau AG |
€156.00 |
-38.8% |
3.0% |
Germany |
cell manufacturing
equipment |
|
Solarfun Power Holdings |
$13.148 |
-59.7%
|
-5.4% |
China |
PV
cells, modules |
| Solargiga Energy Holdings |
$3.85 HKD |
31.4%*
|
20.0% |
Hong Kong |
Ingots, wafers, silicon |
| Solaria Energia y Medio A. |
€12.04 |
-43.9% |
-0.6% |
Spain |
PV modules |
| SolarWorld AG |
€34.36 |
-17.0% |
-5.9% |
Germany |
modules,
cells,
wafers, wholesale |
| Solon
AG |
€50.76 |
-29.0% |
-3.0% |
Germany |
modules, PV systems |
| Sunpower |
$82.10 |
-37.0% |
-4.9% |
USA |
cells,
modules |
| Suntech
Power |
$43.30 |
-47.4% |
-3.6% |
China |
cells, modules |
| Trina Solar |
$41.19 |
-23.4% |
-1.8% |
China |
PV
modules, cells, wafers |
| Yingli Green Energy |
$21.78 |
-43.7% |
-3.6% |
China |
PV
wafers, cells, modules |
| |
4,920 |
-26.3% |
0.8% |
|
|
| * since 7.4.08
|
|
Weekly
summary |
|
May 2, 2008: The PPVX has increased around 0.8% to 4.920 points in the last week and the AMEX Oil has risen around 1.5%. With a figure of -26.3% (currency levelized) since the beginning of the year, the PPVX is around 17 percentage points behind the oil index
(-9.6%). The top three since the beginning of 2008 are Solargiga Energy (+31%), E-Ton Solar (+15%) and PV Crystalox Solar (+7%). The biggest weekly winners were Solargiga Energy Holdings (+20%) and Conergy (+18%). JA Solar
(-10%) and Renesola Ltd. (-7%) lost most this week. PPVX market capitalization added up to around €64.5 billion ($99.4 billion). Because of lasting changes with the market capitalization there will be three changes in weighing points as of next week: China Sunergy (2 to 3) and First Solar (5 to 6, with a market value of over €12 billion, $18.5 billion) will from now on be weight at a higher value, Motech Industries at a lower value (4 to 3).
|
|
|
| Remarks |
|
The PPVX began on Aug. 1, 2001 with
1,000 points and is calculated weekly on a euro base.
Currently, it includes 30 stocks listed on the market in
different countries. To be included in the PPVX, more than 50
percent of a company's sales in the previous year must have
come through PV products or services.
Index calculation: The PPVX is a weighted index so that
the stocks of a few highly capitalized companies do not exert
too much influence. It is divided into six classes, with
different weighing points (WP) based on the companies' market
capitalizations.
A capitalization of less than €50 million has 1 WP; between €50 million and €200 million,
2 WP; between €200 million and €800 million, 3 WP (Canadian Solar, China Sunergy, Conergy, ECD, ErSol, E-Ton, Evergreen, Gintech, Manz, Meyer Burger Technology, Phoenix Solar, PV Crystalox, ReneSola, Roth & Rau, Solarfun Power, Solargiga, Solon, Trina), between €800 million and €3.2 billion, 4 WP (Centrotherm, JA Solar, LDK Solar, Motech, Solaria, Yingli), between €3.2 billion and €12.8 billion, 5 WP (First Solar, Q-Cells, Renewable Energy Corp., SolarWorld, SunPower, Suntech Power) and greater than €12.8 billion, 6 WP. |
Michael
Schmela
© PHOTON International, May 2, 2008
|
|
|
|
|
|
