# Emerging Innovation New Energy ETF Surges Toward 7-Game Winning Streak, Institutions Say Energy Storage Sector Poised for Valuation Reassessment

In the news, ongoing conflicts in the Middle East and geopolitical tensions have caused a surge in traditional energy prices, with markets focusing on energy storage and other new energy sectors.

Regarding brokerage research, some institutions point out that from the macro geopolitical and energy security perspectives, the energy storage sector is expected to undergo a valuation re-rating. The prolonged Middle East tensions will maintain a “geopolitical risk premium” in the traditional energy markets over a longer cycle. It is unlikely that oil and natural gas prices will return to previous lows, and global energy costs will remain high for an extended period. To reduce dependence on fossil fuels and integrate large-scale renewable energy into the grid, energy storage is the only solution to maintain grid stability and address power shortages and restrictions. Lithium battery production in April and March exceeded expectations, mainly due to recovering downstream power orders and full production and sales in energy storage. The rising prices of raw materials like lithium carbonate are not expected to impact demand. Opportunities are seen in this price increase cycle and new technological advancements.

As of 10:03 on March 13, 2026, the Shanghai STAR Market New Energy Index (000692) increased by 0.32%. The constituent stocks included Wanyuan New Energy up 4.32%, Fangyuan Co. up 4.31%, Huasheng Lithium Battery up 4.18%, Tainai Technology up 3.47%, and Rongbai Technology up 3.35%. The STAR Market New Energy ETF (588830) rose by 0.29%, hitting seven consecutive days of gains. The latest price is 1.74 yuan.

The STAR Market New Energy ETF closely tracks the Shanghai STAR Market 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 companies on the STAR Market.

Data shows that as of February 27, 2026, the top ten holdings of the Shanghai STAR Market New Energy Index (000692) are Jinko Solar, Trina Solar, Atus, Autowei, Juhe Materials, Xiamen Tungsten New Energy, Rongbai Technology, Daqian Energy, Jiayuan Technology, and Gudewei, accounting for 45.42% of the total index weight.

The STAR Market New Energy ETF (588830), linked funds (A class 023075, C class 023076, I class 024157), ChiNext New Energy ETF Penghua (159261), and Photovoltaic ETF Penghua (159863).