Stock Market Week 18/26: RENIXX Sets Course for 1,400 Points - Bloom Energy Hits New Annual High After Earnings - Nordex: Revenue and Profit Rise Significantly in Q1 – Enphase Under Pressure
Münster (Germany) - The RENIXX continued its upward trend last week and reached a new annual high over the course of the week. The growing electricity demand driven by data centers and AI infrastructure is increasingly coming into focus, creating new demand for flexible and decentralized energy supply.
The main driver last week was Bloom Energy (+20.6%), followed by Goldwind (+9.9%), Green Plains (+9.2%), Canadian Solar (+9.0%), and Nordex (+8.1%). Weekly losers were Daqo New Energy (-16.9%), Enphase (-8.0%), SolarEdge (-7.4%), Array Technologies (-5.5%), and Grenergy Renovables (-2.0%).
Green stocks benefit from rising electricity demand driven by AI and data centers
Last week once again highlighted the strong momentum in the energy sector. The sharply increasing electricity demand from data centers and AI infrastructure is increasingly attracting the attention of market observers, generating new demand impulses for flexible and decentralized energy solutions.
This trend is particularly evident in Bloom Energy: Following strong quarterly results and an upward revision of its full-year guidance, the company’s stock benefited from growing demand for decentralized power supply solutions for energy-intensive data centers. Bloom reported revenue growth of over 130% in Q1 2026 and significantly raised its annual outlook. The stock continued to gain last week and closed with an increase of 20.6% at EUR 239.50. Compared to the turn of the year, Bloom Energy shares are now up 219%.
At the same time, BloombergNEF and other market observers emphasize that the global expansion of battery storage and decentralized energy infrastructure is gaining momentum. This is driven by rising grid requirements, falling storage costs, and increasing demand for secure power supply for industrial and digital infrastructure.
Company news Week 17/26
Nordex significantly increases revenue and profit in Q1 2026
Nordex has published its results for the first quarter of 2026. Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by around 64% to EUR 130.7 million. The EBITDA margin improved from 5.5% to 8.2%. Net profit amounted to EUR 53.6 million, compared to EUR 7.9 million in the same quarter of the previous year. Following the solid start to the year, Nordex considers itself on track to meet its full-year 2026 targets. Nordex shares rose by 8.1% last week to EUR 48.40.
Vestas secures 186 MW major order for the Forêt Domaniale wind project in Québec
Vestas has received a 186 MW order from EDF Power Solutions North America for the Forêt Domaniale wind project in the Canadian province of Québec. The project includes the supply of 28 EnVentus V162-6.2 MW wind turbines and two units of the V162-6.0 MW type. Once commissioned, the wind farm is expected to supply electricity to tens of thousands of households while also supporting local value creation and employment. Vestas shares gained 1.6% to EUR 25.93.
Enphase Energy reports revenue decline and net loss in Q1 2026 - margins fall
Enphase reported a revenue decline and net loss for Q1 2026. The company cited weaker demand in the U.S. market as the main reason for the softer performance. Operationally, Enphase recorded a GAAP operating loss of USD -29.6 million (Q1 2025: USD 31.9 million; n/a). On a non-GAAP basis, operating income amounted to USD 47.3 million (Q1 2025: USD 94.6 million; -50.0%). The GAAP net loss totaled USD -7.4 million (Q1 2025: USD 29.7 million net income). Diluted earnings per share came in at USD -0.06 (Q1 2025: USD 0.22).
In Australia, Enphase Energy has integrated its home battery systems with Evergen’s Virtual Power Plant (VPP) platform. The aim is to enable households to participate more actively in flexible electricity markets while generating additional revenue from their battery storage systems.
Investors reacted negatively to Enphase’s quarterly results, with the stock falling 8.0% to EUR 28.07.
Technical outlook: RENIXX continues to extend breakout above 1,300 points
From the end of 2023 to early January 2025, the RENIXX moved in a pronounced sideways range between 1,000 and 1,200 points. The marked low at 748 points in 2025 represented an important turning point and has since served as a key support level.
Starting from this low, the index has recovered significantly and further extended its breakout above the former resistance zone between 1,280 and 1,300 points this week. With prices around 1,380 points, the RENIXX is marking another annual high and approaching the psychologically important 1,400-point level.
Technically, short-term momentum remains clearly positive. The zone between 1,280 and 1,300 points now acts as the first relevant support area and serves as a key pullback level in the event of consolidation. Above this level, the upward trend remains intact, while the 1,400-point mark comes into focus as the next chart-technical target.
RENIXX rises above 1,400 points at the start of the week
In early trading of the new week, the RENIXX continues to gain and climbs to a new annual high of 1,414.89 points. The biggest gainers are Bloom Energy, Goldwind, Meridian Energy, Sunrun, and Enphase. Decliners include Xpeng, Vestas, Ormat, Northland Power, and BYD.
About the global stock index RENIXX World and the planned RENIXX ETF
The RENIXX® World (Renewable Energy Industrial Index, ISIN: DE000RENX014) is the world’s first stock index for renewable energy and the oldest global stock market barometer for this industrial future sector. It covers the segments of wind energy, solar energy, bioenergy, geothermal energy, hydropower, electromobility, hydrogen, and fuel cells.
The index comprises 30 international companies with the highest free-float market capitalization and reflects both performance and global market development in the renewable energy industry.
The RENIXX was launched on May 1, 2006, with a base value of 1,000 points; a back-calculation to 2002 was carried out. The index is available via leading financial media and data providers such as Bloomberg, Reuters, Financial Times, BlackRock (Aladdin), and Wallstreet Online.
On the occasion of its 20th anniversary, IWR is planning to launch an exchange-traded fund (ETF) that will make the RENIXX transparent, regulated, and investable. Implementation is planned in cooperation with an established white-label ETF provider.
Source: IWR Online, 04 May 2026
