Recharge, former American Wind Energy Association CEO Tom Kiernan argues that the Democrat-controlled Congress will need to find new ways of working with the clean energy industry and its stakeholders if it wants it to prosper.
There’s certainly plenty for US renewables to be excited about in 2021, not least in its fast-emerging offshore wind sector.
The world’s biggest wind turbine OEMs are hoping Biden’s ambitions will help maintain their stunning US momentum of the last few years, while also looking for new markets to fuel future growth around the world.
There’s no business in the renewable energy sector more international than Vestas, and the global onshore market leader saw out 2020 with a bang in the form of
Author Bio
Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium
What happened
Shares of solar panel manufacturer
JinkoSolar (NYSE:JKS) rose by 175.1% in 2020, according to data provided by S&P Global Market Intelligence, as companies across the solar energy sector made sharp gains.
Image source: Getty Images.
So what
After years of being out of favor with investors, solar energy stocks soared in 2020 despite relatively modest improvements in financial performance. JinkoSolar s revenue rose in 2020, but its net income was down as the pandemic impeded solar projects and manufacturing.
By Julie IngwersenCHICAGO, Jan 7 (Reuters) - U.S. cattle futures closed narrowly mixed on Thursday with the spot February contract drifting lower in range-bound trade, awaiting direction from cash markets, while back months firmed on optimism about the U.S. economy, traders said.Feeder cattle futures rose as prices for corn, the main feed grain for cattle, retreated from this week's six-year highs."Grains were taking a breather, and that gave feeder cattle an opportunity to rally," said Dan Norcini, an independent livestock trader.
Source: Biden Campaign, photo by Adam Schultz
Following Georgia s U.S. Senate elections, a Democrat-controlled Congress will gear up to consider President-elect Joe Biden s nominees to lead key agencies and develop additional coronavirus relief legislation that could include clean energy provisions.
But Democrats razor-thin majority in the U.S. Senate and House of Representatives will require them to find common ground with the GOP, sources said.
Georgia Democrats Raphael Warnock and Jon Ossoff defeated Republican incumbents Kelly Loeffler and David Perdue in Jan. 5 runoff elections. As a result, the Senate will be divided 50/50 between the Republican and Democratic caucuses, with Democratic Vice President-elect Kamala Harris able to cast a tie-breaking vote once she and Biden are sworn in Jan. 20.