Renewable energy growth 'likely to continue' under Trump despite proposed wind power ban
Portfolio Pulse from
Despite initial concerns following Donald Trump's presidential victory, UBS believes the growth of the renewable energy sector is likely to continue. However, the potential repeal of the previous administration's Inflation Reduction Act (IRA) poses a risk.
November 07, 2024 | 7:45 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
First Solar (FSLR) may face uncertainty due to potential policy changes under Trump's administration, particularly if the Inflation Reduction Act is repealed.
FSLR, as a major player in the renewable energy sector, could be negatively impacted by the repeal of the Inflation Reduction Act, which supports renewable energy growth. Trump's proposed policies may create uncertainty for the company.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80