Democrats win control of Congress, boosting renewable stocks

The election gives Democrats control of both the House and Senate. Renewable-energy shares rise after the results, and analysts say the new Congress could lower political risk for wind, solar and battery projects. The previous administration had rolled back environmental rules and cut clean‑energy subsidies. Some Republicans may join Democrats to override the president on high energy prices, while a bipartisan permitting‑reform bill awaits Senate approval and could be delayed until the new Congress convenes.