Trump’s Win ‘A Disaster’ for Plunging Renewable Energy Sector
- Rollback of U.S. clean power plan expected to reduce demand
- Solar and wind energy manufacturers tumble after election
How Trump's Climate Views Will Impact Alternative Energy
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Donald Trump’s surprise election victory turned into a bad day for clean energy investors.
U.S. solar panel-maker SunPower Corp. had its worst decline in three months on Wednesday, dropping 14 percent to the lowest since the beginning of 2013. Vestas Wind Systems A/S, the world’s biggest turbine supplier, fell 8.5 percent in Copenhagen. The WilderHill New Energy Global Innovation Index slid by the most in more than four months.