Shares of power producers rose amid demand for renewable-energy producers.
The Biden administration plans to give wind-power developers access to more of the Atlantic Coast and start a slate of new environmental reviews in an attempt to jump-start the country’s offshore wind business.
Solar photovoltaic installations should see a 27% year-on-year increase in 2021 despite higher module prices and freight costs, according to research firm IHS Markit.
Shares of leading renewable energy producer NextEra Energy rose, reaching the flat line on the year-to-date.
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(END) Dow Jones Newswires
March 29, 2021 17:15 ET (21:15 GMT)
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