15 March 2007
Renewable energy: Turnovers for RENIXX companies set new record in 2006
Münster – The worldwide market for renewable energy technologies is steadily expanding. High oil prices and the environmental debate contributed to a robust growth in last year's demand for regenerative technologies. According to the International Economic Platform for Renewable Energies (IWR) in Münster, the companies trading in the global stock index RENIXX (Renewable Energy Industrial Index) reported a 2006 increase in turnovers of 34 percent.
2006 total revenues for the 20 companies listed in the RENIXX (6 of which are from Germany) rose to 11.8 billion euros over €8.8bn in 2005. As IWR Director Dr. Norbert Allnoch explained, "in this young sector, the fact that 15 of the 20 RENIXX companies are showing profits is a positive signal and provides for a sound foundation. The now binding benchmarks set out at the EU Climate Summit will have a significantly positive effect on future international market developments. In light of the enormous energy demand, medium-term prospects for the renewable energy industry are better than ever."
Course of the RENIXX share index:
http://www.iwr.de/erneuerbare-energien/aktien.html
Münster, March 15, 2007
Please contact Dr. Norbert Allnoch for any further information:
International Economic Platform for Renewable Energies (IWR)
Grevener Straße 75
48159 Munster
Germany
Phone: +49 (0)251 / 23 94 6-0
Fax: +49 (0)251 / 23 946-10
Email:
info@iwr.de
Internet:
http://www.iwr.de
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