Wednesday, 11 August 2021 Reading time : 3 minutes

Solar energy has always played a special role among renewable energies. In contrast to energy generation through wind energy, a single household could make an individual contribution to social change towards sustainable energy generation by simply switching to photovoltaic systems. Accordingly, this was also subsidized by the state in many cases.

For the manufacturers of solar systems and modules, the future is currently solid to positive. Both SolarEdge Technologies Inc. and Sunrun Inc. were able to exceed analysts' expectations with their respective Q2 results: SolarEdge showed a profit of $ 1.28 / share compared to a market expectation of $ 1.11 / share and Sunrun was able to increase sales to $ 401m, with the Market was expecting $ 366.6m, prompting Sunrun to raise its Growth Guidance to 30% for the current fiscal year. In both cases, the analyst community took good note of this: Buy recommendations for both values ​​currently predominate in the market.

Also exciting is the prospect of First Solar Inc., with $ 10 billion from an industry giant. After a change of strategy towards a pure focus on the production of photovoltaic modules, the aim is now to increase production of these significantly by massively expanding factories in the USA and India. This could result in a doubling of production capacities.

18.5% p.a. (USD) / 17.5% p.a. (CHF) Barrier Reverse Convertible on First Solar, Sunrun, SolarEdge Tech*

• Conservative barrier of 55%*
• Duration 1 year

Valors 58 533 119 (USD) / 58 533 120 (CHF)


The manufacturers of polysilicon, an important raw material for photovoltaic production, could also benefit from this. Wacker Chemie, with an annual production of more than 60,000 t, is a key supplier here.

9.5% p.a. Barrier Reverse Convertible on Wacker Chemie*

• Barrier at 75%*
• Duration 1 year
• Valors 58 533 121 (CHF) / 58 533 122 (EUR)

*indicative

 

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