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Renewable Energy

Solar, wind and independent power producers.

Renewable energy is the investable edge of the energy transition — solar, wind and independent power producers building out low-carbon generation. A policy-sensitive, capital-intensive theme; this collection gathers the largest such names.

204 stocksSorted by market capUpdated 16 Jul 2026

Why it matters

Solar, wind and independent power producers. These themes often connect to policy, commodity cycles, infrastructure spending and long investment lead times.

What to check next

Check backlog quality, project execution, input costs, balance-sheet resilience and sensitivity to commodity prices or government budgets.

Main risk

Cyclical demand, cost overruns, regulation and commodity volatility can overwhelm even a strong long-term infrastructure or energy story.

Showing the 40 largest of 204 — sort or filter to explore the rest.

Company	Market Cap	Reward	Risk	Yield
Constellation Energy CorpCEG	$106.4B	—	—	0.5%
Vistra Energy CorpVST	$58.9B	—	—	0.5%
NRG Energy Inc.NRG	$39.1B	—	—	1.0%
Orsted A/S ADRDNNGY	$33.1B	—	—	68.8%
AXIA EnergiaAXIA	$27.1B	—	—	0.0%
VERBUND AGOEZVF	$26.3B	—	—	3.9%
First Solar IncFSLR	$26.1B	—	—	—
CGN Power Co. LtdCGNWF	$24.1B	—	—	3.7%
Brookfield Renewable Partners LPBEP	$20.7B	—	—	4.9%
Fortum Oyj ADRFOJCY	$20.7B	—	—	9.6%
Kansai Electric Power Co Inc ADRKAEPY	$20.0B	—	—	2.3%
EDP Renováveis S.AEDRVY	$19.4B	—	—	—
Uniper SEUNPRF	$17.9B	—	—	—
Nextracker Inc. Class A Common StockNXT	$17.5B	—	—	—
The Kansai Electric Power Company IncorporatedKAEPF	$17.5B	—	—	3.7%
Talen Energy CorporationTLN	$16.9B	—	—	—
Power Assets Holdings LtdHGKGY	$16.7B	—	—	35.4%
EDP RenovaveisEDRVF	$15.6B	—	—	0.0%
Huaneng Power International IncHUNGF	$15.1B	—	—	37.6%
China Longyuan Power Group Corp Ltd ADRCLPXY	$14.7B	—	—	5.0%
Centrica PLCCNA	£9.4B	56	32	2.6%
China Resources Power Holding ADRCRPJY	$12.2B	—	—	2.9%
Fervo Energy Company Class A common stockFRVO	$10.6B	—	—	—
BKW AG BKWAF	$10.5B	—	—	1.9%
Oklo Inc.OKLO	$10.4B	—	—	—
China Resources Power Holdings Company LimitedCRPJF	$10.3B	—	—	48.4%
Enlight Renewable Energy Ltd. Ordinary SharesENLT	$9.2B	—	—	—
Meridian Energy LimitedMDDNF	$9.2B	—	—	6.1%
Public Power Corporation S.APUPOF	$8.8B	—	—	0.0%
Clearway Energy Inc Class CCWEN	$8.1B	—	—	4.4%
Engie Brasil Energia SAEGIEY	$7.7B	—	—	22.5%
Tokyo Electric Power CoTKECY	$7.3B	—	—	—
Capital Power CorporationCPXWF	$7.2B	—	—	4.2%
Enphase Energy IncENPH	$6.5B	—	—	—
Ormat Technologies IncORA	$6.5B	—	—	0.0%
Brookfield Renewable CorpBEPC	$6.3B	—	—	4.5%
Kyushu Electric Power Co Inc ADRKYSEY	$6.2B	—	—	2.6%
Mercury NZ LimitedMGHTF	$5.7B	—	—	6.0%
Contact Energy LimitedCOENF	$5.6B	—	—	6.9%
TAURON Polska Energia S.A.TNPGY	$5.3B	—	—	—

Constellation Energy CorpCEG · $106.4B
Reward—Risk—Yield0.5%
Vistra Energy CorpVST · $58.9B
Reward—Risk—Yield0.5%
NRG Energy Inc.NRG · $39.1B
Reward—Risk—Yield1.0%
Orsted A/S ADRDNNGY · $33.1B
Reward—Risk—Yield68.8%
AXIA EnergiaAXIA · $27.1B
Reward—Risk—Yield0.0%
VERBUND AGOEZVF · $26.3B
Reward—Risk—Yield3.9%
First Solar IncFSLR · $26.1B
Reward—Risk—
CGN Power Co. LtdCGNWF · $24.1B
Reward—Risk—Yield3.7%
Brookfield Renewable Partners LPBEP · $20.7B
Reward—Risk—Yield4.9%
Fortum Oyj ADRFOJCY · $20.7B
Reward—Risk—Yield9.6%
Kansai Electric Power Co Inc ADRKAEPY · $20.0B
Reward—Risk—Yield2.3%
EDP Renováveis S.AEDRVY · $19.4B
Reward—Risk—
Uniper SEUNPRF · $17.9B
Reward—Risk—
Nextracker Inc. Class A Common StockNXT · $17.5B
Reward—Risk—
The Kansai Electric Power Company IncorporatedKAEPF · $17.5B
Reward—Risk—Yield3.7%
Talen Energy CorporationTLN · $16.9B
Reward—Risk—
Power Assets Holdings LtdHGKGY · $16.7B
Reward—Risk—Yield35.4%
EDP RenovaveisEDRVF · $15.6B
Reward—Risk—Yield0.0%
Huaneng Power International IncHUNGF · $15.1B
Reward—Risk—Yield37.6%
China Longyuan Power Group Corp Ltd ADRCLPXY · $14.7B
Reward—Risk—Yield5.0%
Centrica PLCCNA · £9.4B
Reward56Risk32Yield2.6%
China Resources Power Holding ADRCRPJY · $12.2B
Reward—Risk—Yield2.9%
Fervo Energy Company Class A common stockFRVO · $10.6B
Reward—Risk—
BKW AG BKWAF · $10.5B
Reward—Risk—Yield1.9%
Oklo Inc.OKLO · $10.4B
Reward—Risk—
China Resources Power Holdings Company LimitedCRPJF · $10.3B
Reward—Risk—Yield48.4%
Enlight Renewable Energy Ltd. Ordinary SharesENLT · $9.2B
Reward—Risk—
Meridian Energy LimitedMDDNF · $9.2B
Reward—Risk—Yield6.1%
Public Power Corporation S.APUPOF · $8.8B
Reward—Risk—Yield0.0%
Clearway Energy Inc Class CCWEN · $8.1B
Reward—Risk—Yield4.4%
Engie Brasil Energia SAEGIEY · $7.7B
Reward—Risk—Yield22.5%
Tokyo Electric Power CoTKECY · $7.3B
Reward—Risk—
Capital Power CorporationCPXWF · $7.2B
Reward—Risk—Yield4.2%
Enphase Energy IncENPH · $6.5B
Reward—Risk—
Ormat Technologies IncORA · $6.5B
Reward—Risk—Yield0.0%
Brookfield Renewable CorpBEPC · $6.3B
Reward—Risk—Yield4.5%
Kyushu Electric Power Co Inc ADRKYSEY · $6.2B
Reward—Risk—Yield2.6%
Mercury NZ LimitedMGHTF · $5.7B
Reward—Risk—Yield6.0%
Contact Energy LimitedCOENF · $5.6B
Reward—Risk—Yield6.9%
TAURON Polska Energia S.A.TNPGY · $5.3B
Reward—Risk—

Frequently asked questions

What is the Renewable Energy collection?

Solar, wind and independent power producers. It currently holds 204 stocks, each rated by Openbook's Reward and Risk scores. Renewable energy is the investable edge of the energy transition — solar, wind and independent power producers building out low-carbon generation.

How are Renewable Energy stocks selected?

Constituents are chosen by a rules-based screen over the full UK and US common-stock universe, then ranked by market capitalisation.

How often is the Renewable Energy list updated?

It is rebuilt from live market data, so the constituents and their rankings update as prices and company fundamentals change — there is no fixed, hand-edited list.

How should I use the Reward and Risk ratings?

Openbook's Reward rating combines a stock's growth, momentum, profitability and valuation into a single 0–100 score, and the Risk rating scores financial strength, volatility and size. Use them to compare names within this theme — broadly, a higher Reward alongside a lower Risk is more attractive. They are quantitative research signals, not investment advice.

Openbook Reward and Risk ratings and factor scores are quantitative signals for research, not investment advice. Data may be delayed. Some US-listed names carry partial factor coverage.