Stock Markets, Week 27/26: RENIXX Recovers – BYD, Goldwind, Bloom Energy and Xpeng Gain Double Digits – US Solar Stocks Under Heavy Pressure
Münster — The RENIXX World recovered markedly last trading week from the previous week's consolidation. After slipping to 1,318.58 points on Monday, June 29, 2026, close to the previous week's low, the index climbed to a weekly high of 1,370.19 points by Wednesday, July 1, 2026. The recovery was led by electric mobility and wind energy stocks.
Analyst and Market Drivers in Focus
Two opposing impulses from the United States shaped the week's price movement. Following the formal signing of the framework agreement between the United States and Iran on opening the Strait of Hormuz, oil prices eased noticeably over the course of the week — the WTI price slipped from around USD 70.5 at the start of the week to about USD 67 per barrel.
On Thursday, July 2, 2026, the weaker-than-expected US labor market report also caused movement: the US economy created only 57,000 new jobs in June, versus 110,000 expected, and the yield on ten-year US Treasury notes fell to 4.46 percent. The prospect of a more cautious Fed policy tended to support interest rate-sensitive growth stocks from the renewable energy sector.
RENIXX with New Composition from July 1, 2026 – Company News in Week 27/26
As of July 1, 2026, the RENIXX was reconstituted as part of the regular minor adjustment date of June 30, 2026: Boralex is leaving the index after Brookfield Asset Management and Canada's La Caisse de dépôt et placement du Québec announced the takeover of the company in March 2026. CATL takes Boralex's place — for the first time, this brings a company from the energy storage/battery segment into the RENIXX, a category that had not previously been represented alongside wind energy, solar energy, bioenergy, geoenergy, hydropower, electric mobility, hydrogen and fuel cells. Given the growing importance of battery storage for integrating renewable energy into the power grid, the RENIXX will now also cover an additional market segment of the global energy transition.
Bloom Energy continues to benefit from the electricity demand of data centers for artificial intelligence. Brookfield is increasing the financing framework for the partnership from a previous USD 5 billion to USD 25 billion — a fivefold increase since October 2025. The additional capital is intended to finance the global growth of the fuel cell partnership. The expansion is part of Brookfield's AI Infrastructure Fund, launched in November 2025, which targets an investment volume of USD 100 billion. Bloom Energy shares climbed 11.0 percent last week to EUR 246.50.
Scatec is continuing its international portfolio expansion. The renewable power producer from Norway has brought the 142 MW Rio Urucuia solar park in the Brazilian state of Minas Gerais into commercial operation. With the commissioning of its third solar project in Brazil, the Norwegian company's installed capacity in the South American country rises to a total of 835 MW. Scatec shares closed the week up 6.9 percent at EUR 8.82.
Nordex has secured new orders totaling 809 MW in the United States. The Trump administration has imposed construction stops on several offshore wind farms by decree and, most recently, has also delayed permitting procedures for around 165 onshore projects on private land via the Pentagon. Nevertheless, wind energy expansion is progressing at the state level in states such as Texas, Oklahoma and Iowa. In Germany, too, Nordex secured orders from Enova, BMR and Continental totaling 217 MW. Nordex shares gained 4.5 percent, ending the week at EUR 45.90.
Technical Picture: 1,300-Point Mark Holds
After the annual high of 1,533.57 points on June 2, 2026, the RENIXX was in a four-week correction that took the index down to 1,315.01 points by June 26, 2026 — a decline of around 14 percent. The range around 1,300 to 1,320 points has confirmed itself as a short-term support zone.
The 200-day moving average currently runs at around 1,244 points and forms the overarching support level. As long as the RENIXX remains above this level and the zone around 1,300 points, the uptrend intact since the start of the year is considered confirmed. Above 1,370 to 1,400 points lies the next resistance zone, which would need to be overcome for a renewed test of the annual high.
RENIXX Opens the New Week in Negative Territory
At the start of the new trading week, the RENIXX is easing slightly in early trading. The largest price losses are being recorded by Goldwind, Xinyi Solar, CATL, Grenergy Renovables and BYD. In positive territory, on the other hand, are China Longyuan, Ballard Power, Nordex, Xpeng and Meridian Energy.
About the Global RENIXX World Stock Index 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 growth sector. It covers the areas of wind energy, solar energy, bioenergy, geoenergy, hydropower, electric mobility, hydrogen and fuel cells.
The index comprises 30 international companies with the highest free-float market capitalization and reflects both the performance and the global market development of the renewable energy industry.
The RENIXX launched on May 1, 2006, with a base value of 1,000 points; a retroactive calculation back to 2002 was also carried out. The index is accessible via leading financial media and data providers such as Bloomberg, Reuters, Financial Times, BlackRock (Aladdin) or Wallstreet Online.
To mark its 20th anniversary, IWR is planning to launch an exchange-traded fund (ETF) that will make the RENIXX transparent, regulated and investable. The possible implementation will take place in cooperation with an established white-label ETF provider.
Source: IWR Online, Jul 07 2026