{"id":53203,"date":"2021-01-07T08:31:38","date_gmt":"2021-01-07T08:31:38","guid":{"rendered":"https:\/\/theelectricityhub.com\/?p=53203"},"modified":"2021-01-07T08:45:44","modified_gmt":"2021-01-07T08:45:44","slug":"solar-energy-stocks-rise-as-democrat-controlled-senate-promises-clean-energy-agenda","status":"publish","type":"post","link":"https:\/\/theelectricityhub.com\/solar-energy-stocks-rise-as-democrat-controlled-senate-promises-clean-energy-agenda\/","title":{"rendered":"Solar Energy Stocks Rise as Democrat-Controlled Senate Promises Clean Energy Agenda"},"content":{"rendered":"<ul>\n<li><!--[if lt IE 9]><script>document.createElement('audio');<\/script><![endif]-->\n<audio class=\"wp-audio-shortcode\" id=\"audio-53203-1\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"https:\/\/theelectricityhub.com\/wp-content\/uploads\/2021\/01\/Solar-Energy-Stocks-Rise....m4a?_=1\" \/><a href=\"https:\/\/theelectricityhub.com\/wp-content\/uploads\/2021\/01\/Solar-Energy-Stocks-Rise....m4a\">https:\/\/theelectricityhub.com\/wp-content\/uploads\/2021\/01\/Solar-Energy-Stocks-Rise....m4a<\/a><\/audio>\n<p>Solar energy companies saw their stock prices increase on the back of a projected Democrat-controlled Senate in the U.S.<\/li>\n<li>Joe Biden has committed to putting clean energy at the core of his climate change plans bolstering promise for positive impact in the sector.<\/li>\n<\/ul>\n<p>Stocks of solar energy companies rose as winners of the Georgia run-off elections were projected by news agencies yesterday. With the Democrats poised to take control of the Senate, investors are hopeful for an increased clean energy agenda when the 46th President, Joeseph R. Biden, is sworn later this month.<\/p>\n<div class=\"detailContentWrapper\">\n<div class=\"detailContent\">\n<div id=\"detail\" class=\"detail intext articleBody\" data-run-module=\"local\/main.slotBetweenParagraphs\" data-run-module-isrun=\"1\">\n<p class=\"hyphenate \">Shares of\u00a0<a id=\"d7ba3469-dc2a-34f3-a99b-8d07d499343d\" href=\"https:\/\/markets.businessinsider.com\/stocks\/spwr-stock\">SunPower\u00a0<\/a>increased by over 15%. <a id=\"1a64e5ca-e4aa-3e4b-a487-ef074aff3e0a\" href=\"https:\/\/markets.businessinsider.com\/stocks\/enph-stock\">Enphase Energy Inc.\u00a0<\/a>shares trended upward by over 9%. Shares for JinkoSolar Holding Co., Ltd., and\u00a0<a id=\"bd08e0ba-8306-3f47-ae5e-d1bed2146347\" href=\"https:\/\/markets.businessinsider.com\/stocks\/sunw-stock\">Sunworks, Inc.\u00a0<\/a>are up by 6% and14% respectively.<\/p>\n<p class=\"hyphenate \">Joe Biden has committed to implementing a clean grid to combat the climate crisis. Investors are optimistic that a renewable oriented climate agenda will positively impact the sector.<\/p>\n<p class=\"hyphenate \">The solar sector has also been bolstered by several positive reports and analysis from Goldman Sachs and JP Morgan.<\/p>\n<p class=\"hyphenate \">According to JP Morgan analyst Paul Coster in the company&#8217;s December Alternative Energy Outlook, &#8220;the falling cost per watt of renewable energy positions wind and solar as the lowest-cost source of energy in approximately 70% of the world (BNEF estimate).&#8221;<\/p>\n<p class=\"hyphenate \">Coster also added that &#8220;As low-cost batteries layer into the utility-scale wind and solar, zero-carbon electricity will become competitive with fossil fuels as both energy and dispatchable capacity,&#8221; Coster added.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solar energy companies saw their stock prices increase on the back of a projected Democrat-controlled Senate in the U.S. Joe Biden has committed to putting clean energy at the core&hellip; <\/p>\n","protected":false},"author":3,"featured_media":42375,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[219,223],"tags":[],"class_list":["post-53203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-2","category-renewable-energy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solar Energy Stocks Rise as Democrat-Controlled Senate Promises Clean Energy Agenda &#8226; The Electricity Hub<\/title>\n<meta name=\"description\" content=\"Stocks of solar energy companies rose as winners of the Georgia run-off elections were projected by news agencies yesterday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theelectricityhub.com\/solar-energy-stocks-rise-as-democrat-controlled-senate-promises-clean-energy-agenda\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solar Energy Stocks Rise as Democrat-Controlled Senate Promises Clean Energy Agenda &#8226; 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