The PHOTON Photovoltaic Stock Index (PPVX) closed last week at 1,009, which is 2.9 percent lower than the week before but still 4.8 percent above the beginning of the year. Its reference value NYSE Arca Oil lost 1.0 percent last week and 19.1 percent since January 1st. Since 2003, the PPVX gained 259 percent, 129 percentage points more than the Arca Oil (plus 129 percent). The cumulated market cap of all PPVX companies now is €22.2 billion ($25.3 billion).
Last week’s top performers were GCL-Poly (+11.8 percent), Sunrun (+5.5 percent), and 8point3 Energy (+3.5 percent). The most significant price losses were posted by Motech (-7.1 percent), Solaredge (-6.5 percent), and United Photovoltaics (6.3 percent).
The highest price gains since the beginning oft the year were achieved by Meyer Burger (+79.1 percent), Solaredge (+61.3 percent), and United Photovoltaics (+42.5 percent). The worst performers are Gintech Energy (-17.3 percent), Thai Solar Energy (-16.4 percent), and Motech (-12.0 percent).
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