** Shares of solar companies down as voting begins in a tightly contested U.S. presidential election and as betting odds reflect that a Trump win is more likely
** The Predictit platform shows Trump has a 62% chance of winning, while Harris has 38%; opinion polls though reflect a close contest between the two candidates in each of seven battleground states
** Daiwa Securities analyst Jonathan Kees says the solar sector has been trading in relation to the election and who has gained or lost momentum
** A Trump win would weigh on the renewable energy sector as he has said he would "rescind all unspent funds" under the Inflation Reduction Act, which includes subsidies for EVs, solar and wind energy, and other clean energy technologies
** Shares of SolarEdge Technologies down 1.4%, Enphase Energy falls 2.1% and Jinko Solar dips 1.7%
** First Solar and Sunrun down 1% and 0.3%, respectively
(Reporting by Pooja Menon and Vallari Srivastava in Bengaluru)
((Pooja.Menon@thomsonreuters.com;))
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