Archive for September 2024
MAC Solar Index September 2024 Quarterly Review Changes
As part of the regular quarterly Index review process that takes effect after the close of business on Friday, September 20, 2024, Hanwha Solutions (009830 KS) will be dropped from the Index for a Business Involvement exclusion (see Methodology), and Meyer Burger Technology AG (MBTN SW) will be dropped for a below-minimum market cap condition.…
Read MoreSolar stocks remain on the defensive, but solar demand remains very strong
The MAC Global Solar Energy Stock Index is down -26% year-to-date. The MAC Solar Index saw extraordinary gains of +67% in 2019 and +245% in 2020, settling back by -26% in 2021, -5% in 2022, and -26% in 2023. Solar stocks have been under pressure over the past year, mainly because of a sharp drop…
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