Bloomberg New Energy Finance and US-based clean energy index provider, Wilderhill, publish and license the WilderHill New Energy Global Innovation Index (ticker symbol NEX) - the first generally available quoted index of global clean energy companies. The NEX comprises companies worldwide whose technologies and services focus on generation and use of cleaner energy, conservation and efficiency, and advancing renewable energy generally. Included are companies whose lower-carbon approaches are relevant to climate change, and whose technologies help reduce emissions relative to traditional fossil fuel use.
The NEX does not try to beat the market. It does not try to pick undervalued stocks, nor to take defensive positions when markets decline or experience unusually strong volatility. Stocks and sectors are assessed quantitatively on technological, environmental, and relevance-to-the-sector criteria, as well as on liquidity and governance. Performance is judged only by how well the Index tracks movements of global clean energy - down and upwards.
An independently managed Exchange-Traded Fund, the Powershares Global Clean Energy Fund (ticker symbol PBD) tracks the NEX index.
Solar Pricing Indexes
Silicon and Wafer Forward Price Index
Bloomberg New Energy Finance collects confidential data on silicon and wafer forward contracts from highly respected volume buyers and sellers which is disseminated in the form of the Silicon and Wafer Forward Price Index. When it was first published in mid-2008, signing long-term silicon or wafer contracts was essential for buyers to secure raw material to keep their factories running. There was no transparency at all on the prices in these contracts.
Since these contracts were an important part of a company’s cost structure for a number of years, price clarity and benchmarking was desirable for investors and for the companies themselves. We therefore launched the Index, to bring a measure of transparency to an opaque market, without compromising the confidentiality of our participants.
Participants benefit from the Index by receiving an extended issue of the results without charge, which allows them to benchmark their own contracts against the median and weighted averages provided.
Solar Spot Price Indexes
The study of the forward prices is supplemented by the Solar Spot Price Index, which provides weekly pricing updates. Solar Value Chain Spot Index monitors spot prices of silicon wafers and cells and the Module Spot Price Index monitors prices of key PV module technologies.
Solar Pricing Indexes are used widely across the industry as a benchmarking tool for short and long term delivery contracts.
PARTICIPATE IN THE INDEX
If you are a manufacturer or a procurer of any of the solar components and would like to take a part, please
click here.
TO FIND OUT MORE, GO TO SOLAR >>
Wind Turbine Price Index
Every six months, Bloomberg New Energy Finance publishes an index of turbine prices based on the contracts in our proprietary Industry Intelligence datasets together with confidential, normalised data provided by some of the world’s leading project developers. It is a unique resource, informing subscribers on delivery prices for 24 months into the future - essential for anyone with an active interest in the trajectory of wind turbine prices.
TO FIND OUT MORE, GO TO WIND >>
Power Purchase Agreement Index
Bloomberg New Energy Finance’s PPA Index provides quarterly analysis of PPA pricing, contract structures, and capacity factors by region, offtaker and generator – essential information for anyone looking to develop or finance a renewable energy project in the US.
