Top renewable energy stocks to watch in 2026
Find the best renewable energy stocks for your portfolio in 2026. This guide identifies five high-potential renewable energy companies, analyses current market conditions, and provides straightforward strategies to help Singapore traders and investors capitalise on the growing green energy sector.
Important to know
This article is intended for educational and informational purposes only and does not constitute any form of investment advice. Please ensure that you understand the risks and consider your specific investment objectives, financial situation or particular needs before making a commitment to trade.
What are renewable energy stocks?
Renewable energy stocks represent companies that generate power from sustainable sources like solar, wind, hydro and biomass, or those that provide essential equipment, infrastructure and services to this sector.
Unlike traditional energy companies that are reliant on finite resources like coal, oil and natural gas, renewable energy firms focus on using naturally replenishing energy sources.
These companies typically fall into one or more of the following categories:
- Power generators: Companies that produce electricity from renewable sources
- Equipment manufacturers: Firms that create solar panels, wind turbines and other essential components
- Infrastructure developers: Businesses that build and maintain renewable energy facilities
- Technology innovators: Companies developing new solutions to improve efficiency and reduce costs
- Energy storage specialists: Firms creating battery and storage solutions to address intermittency issues
With Singapore's Green Plan 2030 aiming to quadruple solar energy deployment by 20251, renewable energy companies will play a crucial role in developing a more sustainable future.
Singapore's renewable energy landscape in 2026
With limited land area, high urban density, and relatively low wind speeds, Singapore has focused primarily on solar power as its most viable renewable energy source2.
Singapore's renewable approach
The Singaporean government has implemented several innovative initiatives:
- The SolarNova programme, which aims to deploy solar panels on public housing rooftops3
- Floating solar farms on reservoirs, including the 60 megawatt-peak (MWp) Tengeh Reservoir project4
- Cross-border power import projects with Malaysia and Indonesia5
- Green financing incentives for sustainable energy projects6
For traders and investors in Singapore, this local context provides crucial insight when evaluating renewable energy stocks. Companies that align with Singapore's specific renewable energy needs, particularly in solar, energy storage, and regional grid connectivity, may present particularly relevant opportunities.
Why trade or invest in renewable energy stocks
Renewable energy stocks offer compelling opportunities for both short-term traders and long-term investors. Their unique combination of growth, policy support, and ESG alignment makes them increasingly attractive in today’s market environment.
Growth potential
The renewable energy sector continues to expand rapidly. According to the International Energy Agency (IEA), global renewable capacity is expected to grow by 2,400 gigawatts between 2022 and 2027 — a 30% increase.7 For traders, this momentum creates frequent price action and breakout opportunities. For investors, it signals long-term structural growth across solar, wind, and storage technologies.
Government support
Renewables benefit from strong policy tailwinds worldwide. In Singapore, the government aims to quadruple solar deployment by 20258, while globally, clean energy incentives are embedded in legislation like the US Inflation Reduction Act and the EU Green Deal. Traders can capitalise on news-driven volatility, while investors gain confidence from long-term regulatory support.
Technological advances
Innovation continues to drive down costs and improve efficiency. BloombergNEF reports that solar costs have dropped 89% since 2010, making renewables increasingly competitive with fossil fuels.9 Traders can benefit from momentum around new product launches, while investors can target companies with defensible technology and scalable platforms.
ESG alignment
For those focused on environmental, social, and governance (ESG) criteria, renewable energy stocks offer a way to align capital with climate goals. Traders may find ESG-themed ETFs and stocks gaining popularity and liquidity, while long-term investors can build portfolios that reflect sustainability values without sacrificing returns.
Diversification benefits
Renewable energy stocks often behave differently from traditional oil and gas companies, offering diversification across sectors and geographies. Traders can hedge energy exposure or rotate between clean tech and conventional energy, while investors benefit from uncorrelated growth drivers tied to global decarbonisation.
Top 5 renewable energy stocks to watch
These five global companies offer exposure to solar, wind, and utility-scale clean energy, with verified earnings and high liquidity. Each is available for CFD trading on IG Singapore, or for investing via the newly launched IG Markets Singapore app.
Company
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Latest share price*
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Share price change in 2025*
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Available for CFD trading with IG?
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Available for investing with IG Markets Singapore app?
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US$32.84
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-54.0%
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✔
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✔
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S$6.46
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+16.8%
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✔
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✔
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US$272.64
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+46.2%
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✔
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✔
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US$84.77
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+18.4%
|
✔
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✔
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US$45.39
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+206.6%
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✔
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✔
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*As of November 2025
1. Enphase Energy (NASDAQ: ENPH)
About the company: Enphase Energy is a global leader in solar microinverters, energy storage systems, and smart home energy solutions. It plays a critical role in residential solar installations across North America, Europe, and Australia.
Latest earnings: In Q3 2025, Enphase reported revenue of US$410.4 million and GAAP (unadjusted) operating income of US$66.2 million. The company shipped 1.77 million microinverters (784.6 MW DC) and 195.0 MWh of battery storage.
Stock outlook: Analysts maintained a ‘buy’ rating in early-November 2025, citing strong demand for Enphase’s IQ8-based products and expansion across Europe. They stated that the company’s high-margin hardware and recurring software revenue support long-term growth.
Trading data (November 2025):
- Three-month average price: US$109.42
- Three-month average daily volume: ~6.8 million shares
- Volatility: High (±3.2% daily average)
- Liquidity: High
2. Sembcorp Industries (SGX: U96)
About the company: Sembcorp Industries is a Singapore-listed energy and urban solutions provider with a fast-growing renewable portfolio across Asia and the UK. It aims to quadruple its installed renewable capacity to 10GW by end-2025, up from 2.5GW in 2020.
Latest earnings: In 1H 2025, Sembcorp reported net profit of S$536 million, with its renewables segment contributing S$132 million — a 27% year-over-year increase. The company expanded solar and wind assets in India and China and launched ESG-compliant industrial parks in Indonesia.
Stock outlook: Analysts have a ‘buy’ consensus rating on Sembcorp shares, citing strong execution and regional diversification. The company is seen as a key beneficiary of Singapore’s green transition and ASEAN’s energy demand growth.
Trading data (November 2025):
- Three-month average price: S$6.84
- Three-month average daily volume: ~3.1 million shares
- Volatility: Moderate (±2.3% daily average)
- Liquidity: High
3. First Solar (NASDAQ: FSLR)
About the company: First Solar is a US-based manufacturer of cadmium telluride thin-film solar modules, optimized for hot and humid climates like Singapore. It supports Singapore’s solar ecosystem through supply chain partnerships.
Latest earnings: In Q3 2025, First Solar posted net income of US$455.9 million and earnings per share of US$4.24. Net sales reached US$1.6 billion, with 5.3GW of modules shipped. The company’s contracted backlog stands at 53.7GW, valued at US$16.4 billion.
Stock outlook: Analysts rated First Solar shares as a ‘strong buy’ at the start of November 2025, listing its technology edge, scale, and long-term supply agreements through 2030 as key highlights.
Trading data (November 2025):
- Three-month average price: US$174.60
- Three-month average daily volume: ~2.2 million shares
- Volatility: Moderate (±2.5% daily average)
- Liquidity: High
4. NextEra Energy (NYSE: NEE)
About the company: NextEra Energy is the world’s largest generator of wind and solar energy. Its utility-scale expertise aligns with Singapore’s push for efficient clean energy imports and grid integration.
Latest earnings: In Q3 2025, NextEra reported net income of US$2.44 billion and earnings per share of US$1.18. It added 3GW of renewables and storage to its backlog and partnered with Google to restart a nuclear facility in Iowa.
Stock outlook: NEE shares are rated ‘buy’ by most analysts, supported by its US$120 billion investment plan and 121GW renewables target by 2025. Its “Real Zero” plan to eliminate carbon emissions by 2045 enhances its ESG appeal.
Trading data (November 2025):
- Three-month average price: US$68.12
- Three-month average daily volume: ~6.4 million shares
- Volatility: Moderate (±2.1% daily average)
- Liquidity: High
5. SolarEdge Technologies (NASDAQ: SEDG)
About the company: SolarEdge Technologies designs smart energy solutions including inverters, power optimisers, and energy management systems for residential, commercial, and utility-scale solar. It’s a key player in the global solar supply chain.
Latest earnings: In Q3 2025, SolarEdge reported revenue of US$340.2 million, reflecting an 18% quarter-over-quarter increase. The company launched new grid services and EV charging products, with strong demand in Europe.
Stock outlook: SEDG shares have a consensus rating of ‘buy’ and price target of US$34. Analysts stated that SolarEdge’s diversified product suite and global reach could make it a strategic holding for investors seeking exposure to solar technology and grid innovation.
Trading data (November 2025):
- Three-month average price: US$87.20
- Three-month average daily volume: ~1.9 million shares
- Volatility: Moderate to high (±2.8% daily average)
- Liquidity: High
Footnotes:
How to trade and invest in renewable energy stocks with IG Singapore
CFD share trading
- Create a live or demo account
- Find an opportunity among one of our 10,000+ stocks with our stock screener
- Click ‘buy’ to go long or ‘sell’ to short
- Set your position size
- Take steps to manage your risk
- Open and monitor your position
Investing
- Open an account via IG Markets Singapore app
- Search for renewable energy stocks on the app
- Choose the shares you want to buy
- Determine how many shares you want to purchase
- Place your order
- Monitor your investment and collect any dividends
FAQs about renewable energy stocks
Can I trade renewable energy stocks from Singapore?
Yes, you can trade renewable energy stocks listed on exchanges like the NYSE, NASDAQ, and ASX via brokers such as IG Singapore.
Can I invest in renewable energy stocks from Singapore?
Absolutely. Leading renewable energy companies like Enphase Energy, Sembcorp Industries, and NextEra Energy are available for investing through IG Singapore’s IG Markets app.
Are renewable energy stocks a good long-term investment?
Renewable energy stocks may offer strong long-term potential due to global decarbonisation efforts, rising energy demand, and supportive government policies. However, they can be affected by interest rate shifts and policy uncertainty.
What are the risks of renewable energy stocks?
Key risks include regulatory changes, project delays, supply chain disruptions, and competition from traditional energy sources. Some companies also face margin pressure due to rising input costs.
How do I gain renewable energy exposure without picking individual companies?
Consider renewable energy ETFs like iShares Global Clean Energy or Invesco Solar ETF for diversified exposure. Green infrastructure funds and yieldcos also offer access to clean energy assets without direct operational risk.
When is the best time to trade renewable energy stocks?
Liquidity is highest during US market hours. Volatility may increase around earnings releases, policy announcements, or major climate summits.
Are renewable energy stocks suitable for beginner traders and investors?
Yes, but beginners should focus on large-cap, well-established names like NextEra Energy, and use risk management tools like stop-loss orders.
Footnotes
1 SG Green Plan, 2025.
2 Energy Market Authority, "Singapore Energy Statistics 2024," Singapore Government, 2024.
3 HDB SolarNova, 2024.
4 SIWW Spotlight 2025, "Sembcorp Tengeh Floating Solar Farm,” 2025.
5 Energy Market Authority, "Electricity Imports," Singapore Government, 2024.
6 Monetary Authority of Singapore, "Green Finance Action Plan," 2024
7 IEA, 2022.
8 SG Green Plan, 2025.
9 Bloomberg NEF, "Energy Transition Investment Trends 2023," January 2023.
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