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United Renewable considers raising prices

United Renewable considers raising prices By Lisa Wang / Staff reporter United Renewable Energy Co (URE, 聯合再生), the nation’s biggest supplier of solar cells and modules, yesterday said that it is considering raising prices further in the second half of this year due to rising raw material costs. Prices of solar modules increased 15 percent in the first half of this year, following a spike in prices of polysilicon and ethylene vinyl acetate film, URE chief financial officer Pan Lay-lay (潘蕾蕾) told an online investors’ conference yesterday. As of the end of March, prices of polysilicon had surged 140 percent to US$17.8 per kilogram from US$7.5 in July last year after Chinese suppliers cut production, Pan said.

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Europe s first solar energy focused ETF to launch in London in June

Europe s first solar energy focused ETF to launch in London in June “The Solar Energy UCITS ETF ‘TANN’ provides a more focused opportunity than simply looking at clean energy.” Europe’s first Solar Energy UCITS ETF (LON:TANN) will be launched in June on the HANetf platform and list on the LSE. TANN is aiming to tap into one of the fastest sources of new energy with forecasts pointing to US$4.2trn of new solar capacity investment through 2050. Already one of the cheapest sources of clean energy, costs are forecast to continue to decline as technology improves with TANN to rack the EQM Global Solar Energy Index (SOLARNTR).

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HANetf launches Europe s first solar energy ETF

TANN is expected to fall under Article 8 of the Sustainable Finance Disclosure Regulation (SFDR) and will track the EQM Global Solar Energy index, which is focused on companies that derive significant revenue from solar energy-related business operations . This includes the manufacture of solar cells and energy storage systems, generators of solar energy and providers of solar power systems. Current top ten holdings include Motech Industries, TSEC, DAQO New Energy, Meyer Burger Technology and United Renewable Energy. According to data from Bloomberg New Energy Finance, solar capacity investment is forecast to hit $4.2trn by 2050 and solar energy is set to be the largest source of global electricity capacity by 2040.

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Why United Renewable Energy Co , Ltd (TPE:3576) Could Be Worth Watching

Why United Renewable Energy Co , Ltd (TPE:3576) Could Be Worth Watching
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