China Singyes Solar and Edisun Power Europe replace Motech and Terraform Power
Motech replaces SFCE
Neoen replaces REC Silicon
Sunnova replaces Shinsung E&G
7C Solarparken replaces China Singyes Solar
SFCE and Solarapack replace Motech Industries and Green Energy Technology
Thai Solar Energy returns for Gintech Energy (merger with Neo Solar Power)
West Holdings replaces JA Solar
JA Solar exits due to becoming private (mergered with JASO Acquisition Holding as wholly owner)
Green Energy T
returns replacing 8point3
drops out due to acquisition by Capital Dynamics
Enphase Energy replaces Thai Solar Energy PCL (exit due to low stock market value)
renames into Encavis (ENergy + CApital + VISion)
Solaria Energía replaces SFCE (market value falls below exit threshold)
Vivint Solar replaces TerraForm Global (acquired by Brookfield Asset Management)
Shinsung E&G replaces Green Energy Technology
Azure Power Global replaces Trina Solar
Thai Solar Energy replaces SolarCity (acquired by Tesla)
SPCG replaces SPI
is replaced by BCPG
acquires Chorus Clean Energy
complete analysis - all techniques have been refreshed using new market composition
Change Of Composition
This market matches the PPVX (Photon Photovoltaiics Stock Index) regarding composition now.
The PPVX is a cooperation of PHOTON International GmbH, Berlin
and Öko-Invest-Verlags-GmbH, Vienna.
The index here is not the original PPVX but the Share-o-matic standard index,
an equal weighted price index in USD starting in 2005 at 100 points.
The standard techniques have been re-calculated, best practice analysis is in progress.