--- title: "The SSE STAR New Energy ETF rose over 2.6%, as geopolitical situations strengthen the logic of energy security" type: "News" locale: "en" url: "https://longbridge.com/en/news/278665792.md" description: "The SSE STAR New Energy ETF rose by more than 2.6%, influenced by the geopolitical situation in the Middle East, which has strengthened the logic of energy security. Institutions pointed out that the development of energy storage has shifted from supporting new energy to energy security. Global geopolitical conflicts have driven up oil and gas prices, promoting the economics of solar storage and electric vehicles. Putin is considering an early halt to energy supplies to Europe, increasing global attention to energy security, which is expected to drive growth in energy storage demand. The overall valuation of the lithium storage sector is low, with strong fundamentals, and future market policies may further stimulate demand" datetime: "2026-03-11T06:04:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278665792.md) - [en](https://longbridge.com/en/news/278665792.md) - [zh-HK](https://longbridge.com/zh-HK/news/278665792.md) --- # The SSE STAR New Energy ETF rose over 2.6%, as geopolitical situations strengthen the logic of energy security On the news front, the geopolitical situation in the Middle East is heating up, and the logic of energy security is strengthening. Institutions point out: The development logic of household storage (and even overall energy storage) has shifted from supporting new energy to energy security. Recently, global geopolitical conflicts have been frequent, and the situation in the Middle East has pushed up oil and gas prices, making the economics of solar storage and electric vehicles more prominent. Yesterday, Putin stated that he has tasked the Russian government with assessing the feasibility of stopping energy supplies to the European market. Previously, the EU's ban on Russia is expected to take effect in early 2027, with a complete ban in the fall of 2027, while Putin is considering stopping supplies ahead of schedule. Countries are gradually increasing their emphasis on energy security, as evidenced by Australia, the UK, Poland, Hungary, and Indonesia successively releasing household storage policies over the past year. It is not ruled out that more markets will introduce policies, leading to sustained growth in energy storage demand. The overall valuation of the lithium storage sector is at a low level, while the fundamentals are strong. The strengthening logic of energy security provides a dual boost to performance and valuation elasticity. From the downstream perspective, 1) in terms of household storage, the current position corresponds to a company PE of just over 20 times, while demand in Europe, the Middle East, and even globally is expected to improve significantly in Q2, which may lead to an upward revision of inverter shipments and continue to catalyze the market. 2) In terms of large storage, concerns have been fully reflected after several months of adjustment, and leading stocks have a PE below 20x, with a clear bottom. The global demand compound growth rate from 2026 to 2030 is expected to exceed 30%, and the demand-side catalytic expectations from policies on electricity prices and calculations in China in Q2, as well as energy storage orders/policies in North American data centers, are visible. From the upstream perspective, first, there is high growth in energy storage demand; second, the short-term rise in oil prices and the uncertainty of medium-term expectations are expected to accelerate the penetration rate of electric vehicles. We continue to be optimistic about the beta of lithium battery demand. Currently, we are bullish on the price chain of lithium carbonate and 6F, which have adjusted sufficiently. The absolute valuation safety margin for batteries and lithium iron phosphate is high, and the improvement in profitability for separators, copper foil, and anodes in the medium term is worth looking forward to. As of March 11, 2026, at 13:44, the SSE STAR New Energy Index (000692) rose strongly by 2.55%. Component stocks such as Airo Energy rose by 13.48%, GoodWe by 7.71%, and Canadian Solar by 6.91%, with stocks like China Minmetals New Energy and Wanrun New Energy also rising. The SSE STAR New Energy ETF (588830) rose by 2.60%, hitting a five-day winning streak. The latest price is reported at 1.73 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 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, Aotai Technology, 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%. SSE STAR New Energy ETF (588830), linked funds (Class A 023075, Class C 023076, Class I 024157), ChiNext New Energy ETF Penghua (159261), and photovoltaic ETF Penghua (159863) ### Related Stocks - [588960.CN](https://longbridge.com/en/quote/588960.CN.md) - [589960.CN](https://longbridge.com/en/quote/589960.CN.md) - [000692.CN](https://longbridge.com/en/quote/000692.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) - [OCI Energy and CPS Energy break ground on Alamo City Battery Energy Storage Project | ING Stock News](https://longbridge.com/en/news/286964497.md) - [Battery storage firms eye AI demand but face grid, supply hurdles](https://longbridge.com/en/news/286790784.md) - [CHINA AND RUSSIA TO ENSURE EASY ENERGY TRANSPORTATION.](https://longbridge.com/en/news/287088743.md) - [Hertz Energy Appoints New Directors | HZLIF Stock News](https://longbridge.com/en/news/286623023.md)