NEX Index Components for Latter Q3 2023. 104 stocks

– Recent Index Composition – https://www.solactive.com/?s=wilderhill&index=US96811Y1029

The WilderHill New Energy Global Innovation Index (NEX) rebalances quarterly, latter February, May, August, & November.

Calculation Method: Equal Weighted
Component Change – Rebalance
Weights all Equal at the start of the Quarter

COMPANY NAME	DESCRIPTION	SEC.	CUR.	ACTIVITY
Acciona SA	Sustainable infrastructure, separate is renewables.	RWD	EUR	SPAIN
Alfen NV	Electric Vehicle charging, smart grid, energy storage.	EEF	EUR	NETHER.
Ameresco	Energy savings, performance contracts, renewables.	EEF	USD	US
Archer Aviation	Electric aircraft, eVTOL maker, for short hops.	ECV	USD	US
Array Technologies	Solar, ground-mounted axis sun trackers.	RSR	USD	US
Ballard Power Systems	Fuel cells, PEMs used in transportation and more.	ECV	CAD	CANADA
Bloom Energy	Stationary fuel cells, distributed but non-renewable.	ECV	USD	US
Boralex	Renewables generation, operates wind, hydro, solar.	RWD	CAD	CANADA
Brookfield Renewable Corp	Hydropower, wind, solar, energy storage, H2.	ROH	USD	US
Canadian Solar	Solar, vertically integrated solar manufacturer, China.	RSR	USD	CANADA
Ceres Power	Fuel cells, high temperature steel units.	ECV	GBP	UK
Chargepoint	EV charging, an early leader with global presence.	EEF	USD	US
China Datang Renewable	Wind, among largest listed wind operators in China.	RWD	HKD	CHINA
Chung-Hsin Electric Mach.	Fuel cells, H2 dispenser, micro-grid maker, Taiwan.	ECV	TWD	TAIWAN
Corporacion Acciona En.	Renewables, one of world’s biggest, wind, solar etc.	RWD	EUR	SPAIN
CS Wind	Wind energy, both onshore and also offshore.	RWD	KRW	S. KOREA
Dae Myoung Energy	Wind, solar, energy storage, new hydrogen, S. Korea.	RWD	KRW	S. KOREA
Doosan Fuel Cell	Fuel cells, high temperature and hydrogen, S. Korea.	ECV	KRW	S. KOREA
Ecopro BM	Battery materials, cathode and precursor for Li-ion.	ENS	KRW	S. KOREA
EDP Renovaveis SA	Wind power, among largest producers in world, Iberia.	RWD	EUR	SPAIN
Elia Group SA	Smarter grid, high voltage transmission Europe.	EEF	EUR	EUROPE
Encavis AG	Solar, large solar park operator, also wind, Germany.	RSR	EUR	GERMANY
Energix Renewable En.	Wind & solar, producer in Israel, Poland, US, elsewhere	RWD	ILS	ISRAEL
Enlight Renewable	Solar & wind power, clean energy storage infrastructure.	RSR	ILS	ISRAEL
Enphase	Inverters, micro-products for solar panels, storage.	RSR	USD	US
EVgo	EV charging, an early leader in fast charging.	EEF	USD	US
First Solar	Thin film solar, CdTe low-cost alternate to polysilicon.	RSR	USD	US
Fisker	Electric cars, electric SUVs, with contract manufacturer.	ENS	USD	US
Flat Glass Group	PV panel glass, solar plants engineering & construction	RSR	HKD	CHINA
FuelCell Energy	Fuel cells, high temperature and hydrogen.	ECV	USD	US
Fugro NV	Geo-data, subsea offshore wind construction, cables.	ROH	EUR	NETHER.
Ganfeng Lithium	Lithium, production of compounds, metals, for batteries.	ENS	HKD	CHINA
Gevo	Biofuels, lower carbon liquid fuels, renewable sources.	RBB	USD	US
GS Yuasa	Battery technologies, also lithium for EVs, Japan.	ENS	JPY	JAPAN
Hannon Armstrong	Energy efficiency, capital & finance for infrastructure.	EEF	USD	US
Hubbell Inc.	Electrical equipment, for grid infrastructure and utilities.	EEF	USD	US
Iljin HySolus	Hydrogen tanks, for fuel cell cars, trucks, ships, planes.	ENS	KRW	S. KOREA
Innergex Renewable	Renewable power, run-of-river hydro, wind, solar.	ROH	CAD	CANADA
ITM Power plc	Fuel cells, uses PEM technology; also hydrogen.	ECV	GBP	UK
Itron	Meters, Utility energy monitor, measuring & manage.	EEF	USD	US
JinkoSolar	Solar, wafers through solar modules, China OEM.	RSR	USD	CHINA
Kingspan Group plc	Efficient Buildings, insulation for conservation, Ireland.	EEF	EUR	IRELAND
Landis+Gyr Group AG	Advanced meters, modernizing grid, Switzerland.	EEF	CHF	SWITZERLAND
Li-Cycle	Recycling lithium-ion batteries, recover raw material.	ENS	USD	US
Lotte Energy Materials	Rechargeable battery materials, elecfoils in batteries.	ENS	KRW	S. KOREA
LS Electric	Smart grid power transmission, wind, solar, storage.	ENS	KRW	S. KOREA
Lucid	Electric Vehicles, premium, higher-voltage, range.	EEF	USD	US
Mercury NZ	Clean power, 100% renewable hydro, geothermal.	ROH	NZD	NEW ZEALAND
Meyer Burger	Solar, modules, heterojunction high efficiency.	RSR	CHF	SWITZERLAND
Motech	Solar, cells and modules manufacturing.	RSR	TWD	TAIWAN
Nel ASA	Hydrogen, in fuel cell vehicles, renewably, Norway.	ECV	NOK	NORWAY
Neoen SA	Renewable energy, mainly in solar, some wind.	RSR	EUR	FRANCE
Nexans SA	Cables, for grid power infrastructure.	EEF	EUR	FRANCE
NFI Group	Fuel cell and electric drivetrains, for large buses.	EEF	CAD	CANADA
Nibe Industrier AB	Heating & cooling, sustainable technologies, Sweden.	EEF	SEK	SWEDEN
Nio	Electric Vehicles, design, manufacture, premium EVs.	ENS	USD	CHINA
NKT A/S	AC/DC cables, grid infrastructure improvements.	EEF	DKK	DENMARK
Nordex SE	Wind turbines, based in Germany/Europe, worldwide.	RWD	EUR	GERMANY
Novozymes A/S	Biofuels, enzymes used in partnerships, Denmark.	RBB	DKK	DENMARK
Ormat	Geothermal, works too in recovered heat energy.	ROH	USD	US
Orsted A/S	Sustainable wind, also biomass, thermal, Denmark.	RWD	DKK	DENMARK
OX2 AB	Wind and solar farms, from design to development.	RWD	SEK	SWEDEN
Phihong Technology	EV chargers AC & DC, power supplies, Taiwan.	ECV	TWD	TAIWAN
Plug Power	Small fuel cells, e.g. in forklifts; drop in replacements.	ECV	USD	US
Powercell Sweden	Fuel cells, transportation, marine, stationary uses.	ECV	SEK	SWEDEN
Prysmian SpA	Cables, renewable power transmission, global.	EEF	EUR	ITALY
Quantumscape	Lithium metal batteries, solid state, quicker charge.	ENS	USD	US
REC Silicon ASA	Solar, greater high-purity silicon focus PV, Norway.	RSR	NOK	NORWAY
Renova	Wind, Solar, Biomass, power generation in Asia.	RWD	JPY	JAPAN
Rivian	Electric trucks and vehicles, fast charging network.	ENS	USD	US
Samsung SDI	Batteries, innovative energy storage, EVs, South Korea.	ENS	KRW	S. KOREA
Scatec ASA	Solar, hydro, wind, storage, green methanol, global.	RSR	NOK	NORWAY
Shihlin Electric	Grid transformers, EV powertrains, motors, chargers.	ECV	TWD	TAIWAN
Shoals Technologies	Solar, electric balance of system, wiring, combiners.	RSR	USD	US
Signify NV	Lighting, systems increasing efficiency, Netherlands.	EEF	EUR	NETHER.
Sino-American Silicon	Solar, semi-conductor silicon wafer materials, Taiwan.	RSR	TWD	TAIWAN
SMA Solar Technologies	Inverters for solar, industrial scale storage, Germany.	RSR	EUR	GERMANY
Sociedad Quimica Chile	Lithium, a key element in advanced batteries, Chile.	ENS	USD	CHILE
SolarEdge	Inverters, panel-level solar optimizers, micro-inverters.	RSR	USD	US
Solaria Energia	Solar, renewable power generation, Iberia.	RSR	EUR	SPAIN
Spie SA	Energy sustainability, decarbonization, design, build.	ECV	EUR	FRANCE
Stem	Smart battery storage, AI energy management.	ENS	USD	US
Subsea 7 SA	Offshore wind, and power cables; has Seaway 7.	RWD	NOK	UK
Sunnova	Residential solar and energy storage installation.	RSR	USD	US
SunPower	Solar, efficient PV panels with rear-contact cells.	RSR	USD	US
Sunrun	Residential solar, leasing, PPA or purchase rooftop PV.	RSR	USD	US
Takaoka Toko	Wind power on grid, EV charging, manufacturer.	ECV	JPY	JAPAN
TECO Electric Machinery	Motors, converters, in wind, EVs, electrifying everything.	ECV	TWD	TAIWAN
Terna Rete SpA	Transmission of electricity, increasingly is renewables.	EEF	EUR	ITALY
Tianneng Power	Hydrogen fuel cells, batteries for wind and solar.	ECV	HKD	CHINA
Toyo Tanso	Graphite, used in solar, wind, H2, LEDs, SiC, more.	ECV	JPY	JAPAN
TPI Composites	Wind Blades; also light-weighting for transportation.	RWD	USD	US
United Renewable Energy	Solar, also energy storage, hydrogen and fuel cells.	RSR	TWD	TAIWAN
Universal Display	Organic light emitting diodes, efficient displays.	EEF	USD	US
Verbio Vereinigte BioEn.	Biofuels, manufacturer supplier to Germany, Europe.	RBB	EUR	GERMANY
Verbund AG	Electricity supplier, hydro, a large provider for Austria.	ROH	EUR	AUSTRIA
Vestas Wind Systems A/S	Wind, wind turbine manufacturing & services, Denmark.	RWD	DKK	DENMARK
Wacker Chemie AG	Solar polysilicon maker, a leader but based in Europe.	RSR	EUR	GERMANY
West Holdings	Solar, Japan-focused residential and commercial PV.	RSR	JPY	JAPAN
Wolfspeed	Electrifying high power systems, SiC, GaN.	EEF	USD	US
Xinyi Energy Holdings	Solar Farms, a spin-off from Xinyi solar glass, China.	RSR	HKD	CHINA
Xinyi Solar Holdings	Solar, ultra-clear glass products, China.	RSR	HKD	CHINA
Xpeng Motors	Electric Vehicles, internet and autonomous features.	ENS	USD	CHINA
Yadea Group	Electric scooters and motorcycles, electric bikes.	EEF	HKD	CHINA

WEIGHT EACH COMPONENT	0.961538
104 stocks/100 = Individual Weights for Latter Q3 2023

Additions: NEX ADDITIONS for Latter Q3 2023: Archer, Dae Myoung, Shihlin, LS.
Removals: NEX DELETIONS for Latter Q3 2023:Grenergy, Livent, PNE, Soltec, BYD.

Sector Weights

Sector Weights

Key	Sectors	Quantity	Index Sector Weights – for Latter Q3 2023*
ECV	Energy Conversion	18	17.30%
EEF	Energy Efficiency	21	20.20%
ENS	Energy Storage	15	14.42%
RBB	Renewables – Biofuels & Biomass	3	2.88%
ROH	Renewables – Other	6	5.78%
RSR	Renewable – Solar	26	25.00%
RWD	Renewable – Wind	15	14.42%

*To Q2 2019, NEX Sectors and Weights were based partly on dividing companies into large or small, external survey of companies deemed active in new energy: results adjusted for factors including new energy exposure, exchange restrictions.
After Q3 2019, all components are equal weighted. Sector weights accord only to number of components assigned each NEX sector.

Historical Sector Weight Information
Historical Daily Closing Data for NEX Index: January 2006 through Dec. 31, 2020

Sector Weights

Archived Index Reports, plus NEX Component & Weight Information From Previous Quarters