--- title: "The SSE STAR New Energy ETF rose over 2%, and institutions pointed out that European household storage will enter a prosperous cycle amid geopolitical conflicts" type: "News" locale: "en" url: "https://longbridge.com/en/news/278647705.md" description: "Affected by the US-Iran conflict, transportation in the Strait of Hormuz is obstructed, raising concerns about global energy supply, especially Qatar's LNG exports to Europe. Institutions point out that if the situation continues, it may repeat the market conditions of 2022. Despite the short-term impact of geopolitical conflicts, the European household storage industry has entered a new round of prosperity cycle. The Science and Innovation New Energy ETF rose by 2.07%, tracking the SSE STAR New Energy Index, reflecting the performance of sectors such as photovoltaics, wind power, and new energy vehicles" datetime: "2026-03-11T02:34:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278647705.md) - [en](https://longbridge.com/en/news/278647705.md) - [zh-HK](https://longbridge.com/zh-HK/news/278647705.md) --- # The SSE STAR New Energy ETF rose over 2%, and institutions pointed out that European household storage will enter a prosperous cycle amid geopolitical conflicts On the news front, due to the impact of the US-Iran conflict, transportation through the Strait of Hormuz is obstructed, raising concerns about global energy supply. Institutions point out that the current Middle East conflict will mainly affect Qatar's LNG (liquefied natural gas) exports to Europe. As the world's second-largest LNG exporter, Qatar accounts for 20% of global LNG supply, all of which must pass through the Strait of Hormuz, which will greatly impact global LNG supply. Europe will be the most affected (due to strong gas dependence), and the rise in terminal energy prices in other regions will follow closely. If the situation remains stagnant, a repeat of the 2022 market conditions cannot be ruled out. It is important to note that, disregarding short-term geopolitical conflicts, with the completion of destocking in Europe and the impact of policy intensification in regions such as Australia, the UK, and Poland, the household storage industry has undergone three years of adjustment and has already entered a new round of prosperity cycle. As of March 11, 2026, at 09:56, the SSE STAR New Energy Index (000692) surged by 2.26%, with constituent stock Yishitong rising by 7.26%, Wukuang New Energy rising by 6.78%, and Jiayuan Technology rising by 4.51%, with stocks like Goodwe and Hangke Technology also following suit. The New Energy ETF (588830) rose by 2.07%, aiming for a fifth consecutive increase. The latest price is reported at 1.73 yuan. The New Energy ETF closely tracks the SSE STAR New Energy Index, which selects 50 large-cap listed companies in the fields of photovoltaics, wind power, and new energy vehicles from the STAR Market as index samples to reflect the overall performance of representative new energy industry listed companies in the STAR Market. Data shows that as of February 27, 2026, the top ten weighted stocks in the SSE STAR New Energy Index (000692) are JinkoSolar, Trina Solar, Canadian Solar, Aotecar, Juhua Materials, Xiamen Tungsten New Energy, Rongbai Technology, Daqo New Energy, Jiayuan Technology, and Goodwe, with the top ten weighted stocks accounting for a total of 45.42%. New Energy ETF (588830), linked funds (Class A 023075, Class C 023076, Class I 024157), ChiNext New Energy ETF Penghua (159261), Photovoltaic ETF Penghua (159863) ### Related Stocks - [588830.CN](https://longbridge.com/en/quote/588830.CN.md) - [588960.CN](https://longbridge.com/en/quote/588960.CN.md) - [000692.CN](https://longbridge.com/en/quote/000692.CN.md) - [589960.CN](https://longbridge.com/en/quote/589960.CN.md) ## Related News & Research - [Canada's Northland Power Q1 adjusted EBITDA up 18%, beats estimates](https://longbridge.com/en/news/286355373.md) - [Universal Digital Inc. Announces Termination of ETF Partnership Agreement | LFGMF Stock News](https://longbridge.com/en/news/286616540.md) - [GMG's THERMAL-XR(R) to be Applied Exclusively & Distributed to Global Oil and Gas/LNG Industry with Curran International | GMGMF Stock News](https://longbridge.com/en/news/286909709.md) - [1 Rapidly Deteriorating ETF Screams That ‘Shop ‘Til You Drop’ Americans Have All But Keeled Over](https://longbridge.com/en/news/286429552.md) - [ZAWYA: WCM-Q launches expanded LifeHub project in Msheireb Downtown](https://longbridge.com/en/news/286888323.md)