Analysts believe that the democratic control of Congress has the potential to accelerate renewable energies in the country in Donald Trump's full term.
European wind farm stocks are soaring after the US midterm elections. The Democrats' congressional victory gives investors hope that the sector's US political risks will be reduced after the Trump administration's measures made offshore wind farm development significantly more difficult.
Global renewable energy stocks rose after the Democrats gained control of both houses of Congress in the US midterm elections. This result is being interpreted as a sign that more favorable policies will be in place for the sector in the future.