Photovoltaik Global 30 Index
| Foundation | 1 June 2009 |
|---|---|
| Operator | Deutsche Börse |
| Exchanges | Frankfurt Stock Exchange |
| Constituents | 15 (2013) |
| Type | Renewable energy |
| Weighting method | Capitalization-weighted |
| Related indices | DAX, MDAX, SDAX, TecDAX |
| Website | Photovoltaik Global Index, actual track |
Photovoltaik Global 30 Index is a German stock market index which includes up to 30 companies in the photovoltaics sector. It was introduced on 1 June 2009. The constituting companies and their weightings are reviewed quarterly (March, June, September and December). No company should be represented with more than 10 per cent. The Photovoltaik Global 30 Index is calculated as a performance index as well as a price index.[1]
The index is a top list of international companies with more than 50 percent turnover in solar energy and an average daily stock exchange turnover of more than 1 million US dollar.
Development
[edit]The Photovoltaik Global 30 Index is based on Xetra and Reuters. Its composition and weightings (price index) is shown below:
| Name | Country | 8 March 2013 | Remarks |
|---|---|---|---|
| First Solar | United States | 15.72 % | |
| MEMC | United States | 12.09 % | |
| SunPower | United States | 10.76 % | |
| SMA Solar Technology | Germany | 8.55 % | |
| Renewable Energy Corporation | Norway | 6.50 % | |
| Motech Industries | Taiwan | 6.43 % | |
| Trina Solar | China | 5.89 % | |
| Meyer Burger | Switzerland | 5.83 % | |
| GT Solar International | United States | 5.45 % | |
| Gintech Energy | Taiwan | 4.89 % | |
| Green Energy Technology | Taiwan | 4.38 % | |
| Neo Solar Power | Taiwan | 4.28 % | |
| E-Ton Solar Tech | Taiwan | 3.25 % | |
| Solartech Energy | Taiwan | 3.34 % | |
| SolarWorld | Germany | 2.62 % |