Following the announcement of Donald Trump's victory in the presidential election, shares of several renewable energy companies experienced a decline in trading on Wednesday. Solar companies, in particular, were hit hard, with Enphase Energy dropping over 18% and First Solar falling more than 12%. Brookfield Renewable Partners also saw a decrease of over 8%.
European clean energy groups were not immune to the market reaction, with Orsted, the world's largest offshore wind developer, experiencing a drop of up to 14%. Wind turbine manufacturers Vestas and Nordex also traded down around 11% and 7.6%, respectively.
