# 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 the market focusing on new energy sectors such as energy storage.

In terms of 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 for an extended period. It is unlikely that oil and natural gas prices will return to previous lows, and global energy costs will remain high for the long term. 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 demand for power and full production and sales in energy storage. The rising prices of raw materials like lithium carbonate are not expected to impact demand. Opportunities for price increases and new technologies are optimistic.

As of 10:03 on March 13, 2026, the Shanghai STAR Market New Energy Index (000692) rose 0.32%. The constituent stocks included Wanyuan New Energy (+4.32%), Fangyuan Co., Ltd. (+4.31%), Huasheng Lithium (+4.18%), Tainai Technology (+3.47%), and Rongbai Technology (+3.35%). The STAR Market New Energy ETF (588830) increased by 0.29%, hitting a seven-day consecutive rise. 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 photovoltaic, wind power, and new energy vehicles from the STAR Market to reflect the overall performance of representative new energy industry 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 a total of 45.42% of the index.

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).