CleanTech stocks have had a stellar year, increasing in value by 7.3 per cent compared with the ASX200’s 1.1 per cent.
For the final quarter of 2014, the ACT Australian CleanTech Index added 9.4 per cent, compared with the ASX200’s 2.2 per cent.
The best performing sub-indices for the quarter were the Environmental Services Index with a gain of 9.4 per cent and the Efficiency/Storage/Fuel Cells Index with an 8.1 per cent gain.
The quarter’s performance was driven by 10 companies with gains of more than 25 per cent. The greatest gains were recorded by renewables financing and technology company Solco, creator of HVAC biofilm removal technology Aeris Environmental and waste wood technology company Papyrus Australia.
The market capitalisation of the 62 stocks in the ACT Australian CleanTech Index is $17 billion.
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