Solar Industry Impact - Solar stocks including First Solar (FSLR), Enphase Energy (ENPH), SunRun (RUN), Plug Power (PLUG), and SolarEdge Technologies (SEDG) declined sharply following the presidential election being called in favor of Donald Trump [1][2] - The Invesco Solar (TAN) exchange-traded fund (ETF) dropped nearly 11% in early trading [2] Election Outcome and Policy Implications - The Associated Press called the election for Trump after a win in Wisconsin secured him over 270 electoral votes [3] - Trump's campaign platform includes increasing oil, natural gas, and coal production while reversing Biden administration policies favoring renewable energy [3] - The ability to reverse legislation like the Inflation Reduction Act, which has accelerated carbon dioxide emissions reduction, depends on Republican performance in remaining House of Representatives races [4]
Solar Stocks Tumble With Trump Set To Retake White House