Renewable Energy World
By Ehren Goossens, Bloomberg
July 30, 2012
NEW YORK CITY -- The WilderHill New Energy Global Innovation Index, a global index of clean-energy stocks, declined to a nine-year low as the industry faces oversupply, falling prices and uncertain government support.
The NEX index, as it’s known, fell 81 cents to $102.40 in New York last week, its fourth consecutive drop and its lowest price since April 2003. The index has lost 19 percent of its value this year.
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