Yes, and Ringworld is the open alternative. We don't have to get greedy and capture all the solar output do we? At least not yet.
The first book I read of my own volition was Inconstant Moon, a collection of short stories by Larry Niven, closely followed by Ringworld and everything else he'd written at the time. I remember Niven stating that mathematically, a Ringworld can be treated as a suspension bridge with no ends.