Reported 1 day ago
Shares of major European wind power companies fell sharply after President-elect Donald Trump declared plans to stop new windmill constructions in the U.S. His longstanding opposition to wind power and claims against the technology caused concern among investors, leading to significant drops in stock for companies like Vestas and Orsted. Analysts suggest that Trump's forthcoming administration may pose further challenges to the wind sector and hinder ongoing projects due to rising costs and a shift in federal policy.
Source: YAHOO