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A Biden presidency will mean a strong push for the solar industry

A potential green new deal might open the subsidy flood gates.

•• 1 Min
A Biden presidency will mean a strong push for the solar industry

After the elections are over and dusted and Joe Biden is firmly on his way to the Oval Office, the renewable energy sector is licking its lips at the prospect of better days under a much more solidarity federal government. Unfortunately, the fate of a green Biden deal with two runoff elections pending in Georgia is still pending. But that doesn't automatically mean Biden's green ambitions will fizzle out. Even under a Republican-dominated Senate, the Biden administration can still make various executive and personnel changes that will have a significant impact on the renewable energy sector, particularly the solar sector. The solar sector emerged as the most powerful corner of the clean energies universe during the pandemic and continues to shine after Biden's declaration as president-elect. Here are 3 main reasons solar stocks tend to continue to outperform even among Biden.

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