Solar Energy Lighting up the Market

Solar energy capacity are expected to double over the next five years globally and renewable energy companies are set to dominate the construction of new power infrastructure in the coming years, according to the International Energy Agency’s World Energy Outlook 2020¹, making it “the centre of this new constellation of electricity generation technologies.” The solar industry ecosystem adapted quickly to COVID-19 and has proven resilient to the crisis with significant outperformance to markets over the last 12 months. The BlueStar Solar Energy Industry Index, which captures exposure to globally listed companies that attribute a majority of revenue or operating assets to solar energy activities or technologies, is up over 260% for the last 12 months (as of Jan 7, 2020).

BlueStar Solar Energy Industry Index

01/07/2020-01/07/2021

Source: MV Index Solutions GmbH. All values are rebased to 1000. Data as of 7 January 2021.