Solar Energy UCITS ETF: an opportunity to invest in a “global megatrend”

The Solar Energy UCITS ETF (LON:TANN) is set to be listed on the London Stock Exchange in June and will be available for sale across Europe. Its launch, on the HANetf platform, will offer exposure to the ever-growing solar industry as establishes itself as the world’s largest source of energy. 

Solar Energy 

Solar energy is the fastest-growing source of new energy capacity, with forecasts for $4.2trn of new solar capacity investment by 2050. In most major countries, solar energy is now the most affordable new source of electricity. This is according to the Solar Energy Industries Association, who also said that its costs continue to decline. 

Solar Energy UCITS ETF

The Solar Energy ETF will track the EQM Global Solar Energy Index (SOLARNTR). The index tracks companies that derive significant revenue from solar energy-related business practices. This includes manufacturing of solar cells and systems, producers of solar power generation and manufacturers of solar-powered charging systems, among other things. The top ten holdings in the in the Solar Energy ETF include Motech Industries, TSEC Corp, DAQO New Energy Corp, Meyer Burger Technology and United Renewable Energy Co Ltd. Over the past twelve months the SOLARNTR index back-test performance has achieved returns of 211.32%. 

Hector McNeil, co-Founder and co-CEO at HANetf, said: “The global solar energy investment
opportunity is very exciting for investors and enables them to focus on a global megatrend in the
switch away from dirty energy to clean energy.

“The Solar Energy UCITS ETF ‘TANN’ provides a more focused opportunity than simply looking at clean energy and is the first pure-play exposure to the global solar energy industry and its growth prospects distinct from the wider clean energy investment universe which takes in more companies and different technologies. It not only expands our offering in the thematic space but adds significantly to our expanding range of clean & renewable energy and ESG ETFs.”

Published on June 9, 2021

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