--- title: "The SSE STAR New Energy ETF rose over 3.5%, with institutions stating that the logic of new energy such as solar storage is indeed long-term" type: "News" locale: "en" url: "https://longbridge.com/en/news/278662338.md" description: "The SSE STAR New Energy ETF rose over 3.5%, influenced by geopolitical conflicts, leading to a surge in traditional energy prices, which has drawn market attention to the new energy sector. Institutions pointed out that the logic behind new energy, such as solar storage, is long-term, and they recommend strengthening the construction of wind and solar storage. The SSE STAR New Energy Index surged strongly by 3.68%, with constituent stocks performing well. The SSE STAR New Energy ETF closely tracks this index, with the latest price at 1.75 yuan" datetime: "2026-03-11T05:09:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278662338.md) - [en](https://longbridge.com/en/news/278662338.md) - [zh-HK](https://longbridge.com/zh-HK/news/278662338.md) --- # The SSE STAR New Energy ETF rose over 3.5%, with institutions stating that the logic of new energy such as solar storage is indeed long-term Affected by geopolitical conflicts, energy transportation has been obstructed, leading to a surge in traditional energy prices, and the new energy sector has once again attracted market attention. Institutions point out that after the easing of tensions between the U.S. and Iran, oil and gas prices may adjust, but the logic of solar, wind, and energy storage in new energy is indeed long-term. For energy security, more investment should be made in wind and solar storage. Countries will continue to enhance energy independence and the development of distributed energy. From last year to this year, developed countries represented by Australia and the UK have introduced household storage subsidy policies, while various third-world countries are vigorously promoting energy storage. Recently, household storage in the Middle East (such as Iraq) has seen a surge in orders, and the transformer sector in the power grid continues to be prosperous. In addition, in the era of AI, crayfish has provided a charging model for domestic large models, encouraging traffic companies represented by Tencent to promote tokens on a large scale, with profitability trends continuously strengthening and the demand for AI's basic optoelectronics increasing. As of March 11, 2026, 11:19, the SSE STAR New Energy Index (000692) surged by 3.68%, with constituent stocks such as Airo Energy rising by 14.04%, Canadian Solar by 9.37%, GoodWe by 8.83%, and other stocks like Wukuang New Energy and Wanrun New Energy also following suit. The SSE STAR New Energy ETF (588830) rose by 3.55%, hitting a five-day winning streak. The latest price reported is 1.75 yuan. The SSE STAR 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, Aotaiwei, Juhua Materials, Xiamen Tungsten New Energy, Rongbai Technology, Daqo Energy, Jiayuan Technology, and GoodWe, with the top ten weighted stocks accounting for a total of 45.42%. SSE STAR 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 - [589960.CN](https://longbridge.com/en/quote/589960.CN.md) - [000692.CN](https://longbridge.com/en/quote/000692.CN.md) - [588960.CN](https://longbridge.com/en/quote/588960.CN.md) - [588830.CN](https://longbridge.com/en/quote/588830.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) - [VanEck, Grayscale file fresh BNB ETF amendments as race for next altcoin spot ETF accelerates](https://longbridge.com/en/news/286652991.md) - [1 Rapidly Deteriorating ETF Screams That ‘Shop ‘Til You Drop’ Americans Have All But Keeled Over](https://longbridge.com/en/news/286429552.md) - [Worried About a Market Crash? 3 Vanguard ETFs Built to Survive](https://longbridge.com/en/news/286880525.md)