Stock Market Week 06/26: RENIXX Declines - Enphase Jumps More Than 35 Percent - Ørsted: Strategic Realignment - Nordex Shares Reach New Annual High - Goldwind: EU Probes Potential Distortion of Competition
•February 9, 2026
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Companies Mentioned
Why It Matters
The moves underscore a sector pivot toward offshore wind and resilient solar storage, while regulatory scrutiny could reshape Chinese wind turbine market share in Europe.
Key Takeaways
- •RENIXX down 2.2%, closing below 1,200 points.
- •Enphase up 35.7% after beating 2026 revenue outlook.
- •Ørsted sells European onshore assets for €1.44 bn.
- •Goldwind under EU anti‑subsidy investigation.
- •Nordex reaches new annual high despite 2.1% share drop.
Pulse Analysis
The RENIXX’s recent slide reflects a broader transition from geopolitically‑driven swings to company‑specific fundamentals. After a prolonged sideways range between 1,000 and 1,200 points, the index now hovers near its historic support zone, with a modest 5.8% year‑to‑date gain. High volatility persists, but the technical picture suggests a neutral bias, offering investors a clearer view of which renewable players are truly driving performance.
Solar momentum is evident as Enphase Energy’s stock jumped over 35% following an earnings beat that projected 2026 revenue between $270‑$300 million, outpacing analyst forecasts. The rally was bolstered by Jinko ESS’s IEC 62443‑2‑4 cybersecurity certification, reassuring investors about the resilience of solar infrastructure. Sunrun’s five‑fold increase in residential storage participation, delivering nearly 18 GWh to the grid, further highlights the growing importance of flexible, dispatchable solar assets in the United States.
On the wind side, Ørsted’s €1.44 bn sale of its European on‑shore portfolio signals a decisive shift toward high‑growth offshore projects and a deeper foothold in the U.S. market. Nordex’s new orders, totaling 220 MW across Europe, demonstrate continued demand despite a slight share dip. Conversely, the European Commission’s probe into Goldwind over alleged state subsidies introduces regulatory risk that could curb Chinese turbine penetration in Europe. Together, these dynamics illustrate a renewable sector increasingly defined by strategic realignment, technological assurance, and heightened scrutiny, shaping investment narratives for the coming year.
Stock Market Week 06/26: RENIXX Declines - Enphase Jumps More Than 35 Percent - Ørsted: Strategic Realignment - Nordex Shares Reach New Annual High - Goldwind: EU Probes Potential Distortion of Competition
Münster (Germany) – The RENIXX declined last week and closed again below the 1,200‑point mark. Weekly volatility among individual stocks remains high. At present, the RENIXX is being driven less by geopolitical issues and more by company‑specific results.
In the past trading week, the RENIXX fell by 2.2 % to 1,195.61 points (closing price on February 6, 2026). Weekly gainers included Enphase Energy (+35.7 %), SolarEdge (+16.7 %), Green Plains (+12.2 %), JinkoSolar (+8.9 %), and Boralex (+7.6 %). The biggest losers were Vestas (‑11.9 %), Goldwind (‑8.9 %), Ballard Power (‑8.1 %), Bloom Energy (‑5.9 %), and BYD (‑3.5 %).
Technical Situation: RENIXX Continues Sideways Movement with Slightly Positive Bias
From late 2023 to early January 2025, the RENIXX traded in a sideways range between 1,000 and 1,200 points. The pronounced interim low of 748 points in 2025 marked an important turning point and has since formed a key support zone.
Since that low, the index has recovered steadily and reached a yearly high of 1,279.06 points in recent weeks, corresponding to the upper boundary of the former trading range. As the RENIXX was unable to sustainably break above this level, it has now returned to a neutral sideways phase. The overall trend remains slightly positive, with the central support zone around 1,000 – 1,100 points continuing to act as a stabilizing anchor. On a year‑to‑date basis in 2026, the RENIXX is up 5.8 % based on Friday’s closing price.
Company News Week 06/26
Enphase: Revenue and Profit Down in Q4 2025 – Full Year 2025 Shows Growth
Enphase shares surged strongly following the release of earnings. For Q4 2025, Enphase reported declines in revenue and earnings compared with both the previous quarter and the same quarter of the prior year. On a full‑year basis, Enphase Energy increased both revenue and profit compared with fiscal year 2024. For the first quarter of 2026, the company expects revenue in the range of USD 270 – 300 million, exceeding analysts’ expectations (average USD 263 million). By the end of the trading week, Enphase shares were up 35.7 % at EUR 42.25.
Jinko ESS Receives Top Cybersecurity Certification – Shares Rise Sharply
JinkoSolar announced that its North American business unit, Jinko ESS, has received IEC 62443‑2‑4 certification from Exida, an internationally recognized authority for industrial cybersecurity. The certification confirms that cybersecurity is embedded from the outset in system design, development, testing, deployment, and lifecycle management. JinkoSolar shares benefited, rising 8.9 % to EUR 23.30.
Sunrun Expands Flexible Power Supply in the U.S. with Residential Solar Storage
Sunrun, the largest provider of home storage, solar, and home‑to‑grid systems in the United States, significantly expanded its distributed energy storage capacity in 2025. Customer participation increased by more than fivefold, making Sunrun one of the largest sources of flexible, dispatchable energy in the U.S. In total, nearly 18 GWh of energy were fed into the grid, with peak output reaching 416 MW. Sunrun shares gained 5.4 % to EUR 16.84.
Ørsted Realigns the Group
Ørsted is undertaking a comprehensive restructuring of the group and refocusing its strategy on high‑growth core markets. Key elements include completing a broad divestment program of European onshore activities, a clear focus on offshore wind energy, and expanding operations in the United States. Ørsted has signed an agreement with Copenhagen Infrastructure Partners (CIP) to sell its entire European onshore business. The transaction volume amounts to EUR 1.44 billion and is expected to close in the second quarter of 2026. Ørsted shares rose 1.2 % to EUR 19.20.
Scatec and Aboitiz Launch 80 MW Battery Storage at Hydropower Plants in the Philippines
The joint venture SN Aboitiz Power (SNAP), a partnership between Norway’s Scatec ASA and Philippine‑based Aboitiz Renewables, Inc., has reached financial close for two battery energy storage system (BESS) projects of 40 MW each and is preparing to begin construction of the Binga (Phase 2) and Ambuklao facilities in the province of Benguet. The storage systems will be directly connected to the existing Binga and Ambuklao hydropower plants and are intended to generate revenue from reserve and balancing energy markets. Scatec shares ended the week largely unchanged, up 0.3 % at EUR 9.99.
Nordex Shares Reach New Annual High
Nordex continues to secure new orders. In January 2026, the company won several European orders totaling 220 MW, including projects in the United Kingdom, Turkey, and Lithuania. From Sweden’s OX2, Nordex received an order for 189 MW of wind capacity for the Fageråsen wind farm in the Dalarna region. In Germany, Nordex is constructing the Bosbüll Holm Uphusum wind farm (56 MW). Despite these developments, Nordex shares declined 2.1 % last week to EUR 32.96.
Goldwind – EU Commission Investigates Potential Anti‑Competitive Subsidies
The European Commission has launched an in‑depth investigation into the Chinese wind turbine manufacturer Goldwind Science & Technology Co., Ltd. The probe follows indications that the company may have received state subsidies from China that could distort competition in the EU internal market. The case is being handled by the Directorate‑General for Competition under case number FS.100143. With a decline of 8.9 % to EUR 1.44, Goldwind shares were among the weakest RENIXX constituents last week.
RENIXX Starts the Week on a Positive Note
At the start of the new trading week, the RENIXX is moving higher. The biggest gainers include Green Plains, Goldwind, Ørsted, Grenergy Renovables, and Cadeler. Decliners include China Longyuan, Vestas, Xinyi Solar, Ormat, and BYD.
About the Global Stock Index RENIXX World
The RENIXX® World (Renewable Energy Industrial Index, ISIN: DE000RENX014) is the world’s first stock index dedicated to renewable energies and the longest‑established global market barometer for this industrial future sector. It covers 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 developments 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 has been carried out. The index is available via leading financial media and data providers such as Bloomberg, Reuters, the Financial Times, BlackRock (Aladdin), and Wallstreet Online.
Source: IWR Online, 09 Feb 2026
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