HANetf ICAV - Solar Energy UCITS ETF
TANP.L
London Stock Exchange- -
GBp
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- HANetf ICAV - Solar Energy UCITS ETF (TANP.L) is an exchange-traded fund that seeks to track the EQM Global Solar Energy index, providing investors with targeted exposure to companies engaged in the solar energy industry worldwide, including manufacturers of solar cells and energy storage systems, solar energy generators, and service providers. The ETF employs full physical replication of the index, holds approximately 38 securities with top exposures to firms such as West Holdings Corp, Array Technologies Inc, SunPower Corp, SolarEdge Technologies Inc, and First Solar Inc, and features an accumulating distribution policy with a total expense ratio of 0.49% p.a.; it is listed on exchanges including the London Stock Exchange, Euronext Paris, Borsa Italiana, XETRA, and SIX Swiss Exchange. Domiciled in Ireland and managed under the HANetf white-label platform, headquartered at 3rd Floor, 55 Charlemont Place, Dublin 2, the fund targets institutional and retail investors focused on thematic equity strategies in the utilities and social/environmental sectors, with geographic diversification across the United States (29.34%), Taiwan (16.15%), China (14.98%), Germany (9.10%), and other regions. Launched on 1 June 2021 as one of Europe's first pure-play solar energy ETFs, the fund has faced challenges in asset accumulation, reaching approximately EUR 6 million in assets under management amid broader market volatility in clean energy themes. In a significant recent development, HANetf proposed merging the Solar Energy UCITS ETF (TANN/TANP.L), alongside the S&P Global Clean Energy Select HANzero UCITS ETF (ZERO), into the larger iClima Global Decarbonisation Enablers UCITS ETF (CLMA) due to persistently low demand and insufficient assets since inception, with the merger—subject to shareholder approval—targeted for 27 February following prior fee reductions in June of the previous year that failed to spur growth. HANetf, the underlying platform established around 2017-2018, has pursued aggressive expansion, including a growth capital investment from Citi in July 2025 to bolster infrastructure amid record assets under management exceeding $7.7 billion, heightened partnerships with asset managers, and recent product launches such as the Making Europe Great Again UCITS ETF and revamped gold offerings in December 2025, alongside mergers like its future of finance ETF into a tech megatrend product earlier in the year. These strategic shifts underscore HANetf ICAV's focus on consolidating underperforming thematic funds while scaling operations through alliances and capital infusions to support over 22 clients representing 16% of Europe's ETF market.