The Zhitong Finance App learned that on Wednesday, photovoltaic solar concept stocks surged collectively, with JKS.US (JKS.US) surging 14%, Artes Solar (CSIQ.US) and Sunrun (RUN.US) surging more than 13%, Enphase Energy (ENPH.US) surging more than 12%, and DQ.US (DQ.US) rising more than 10%. According to the news, the US Democratic Party won both the House of Representatives and the Senate in the midterm elections. The market generally believes that the Democratic Party's sweeping through the Senate and House of Representatives has greatly reduced the uncertainty surrounding the climate bill. This political pattern will consolidate and continue green energy subsidies, tax credits, and policy preferences in the “Inflation Reduction Act” (IRA), thereby accelerating the return of capital to the solar energy, energy storage, and new energy vehicle industry chains, and drive the entire clean energy sector to usher in a strong rise in valuation.

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