Fitch Ratings Report: Renewable energy boasts revenue stability

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
According to the report, renewables also enjoy increased demand due to stronger emission compliance standards. Image: Chandra Marsono / Creative Commons

According to a new Fitch Ratings report, fixed-price power purchase agreements and public incentives have proven to help shield renewable energy from pricing risk.

Christopher Joassin, director at Fitch, said: “In addition to pricing advantages, renewables enjoy increased demand spurred by tighter emission compliance standards. Carbon dioxide compliance costs will also improve renewables' competitiveness.”

In regards to the key issues affecting renewables, Fitch noted that renewable-energy projects such as wind installations have been challenged as of late due to extreme climate conditions brought on by El Nino, but added that offshore wind installed capacity in the EU is slated to grow to around 11GW by the end of 2016, with a number of projects expected to be commissioned in Germany and the UK.

Read Next

February 25, 2021
Technologies to help tackle grid congestion could double the volume of solar and wind deployed by 2025, according to a new study.
January 30, 2020
New projections mark major pivot for the agency, which for years had predicted that natural gas would remain the US' dominant source of electricity over the decades to come.
July 18, 2019
BlackRock took an 80% stake in the new company, Distributed Solar Development, in an undisclosed deal. The new business will design, build, own and operate distributed solar and storage solutions for industrial, commercial and public-service customers.
June 5, 2019
WoodMac: Solar will play key role as microgrids more than double by 2024 on US island territory, helping mend a grid decimated by hurricane Maria in 2017.
May 23, 2019
TXU Energy lands US$472.6m contract to power public buildings in Texas’ third city through clean energy, with plans to deploy pipeline in state’s north.
May 9, 2019
Conglomerate forced to take tax benefit hit after investing in bankrupt Californian solar firm, raided by the FBI in December over Ponzi-style fraud allegations.

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
March 9, 2021
Solar Media Events
March 17, 2021
Solar Media Events
April 13, 2021
Solar Media Events
April 20, 2021
Solar Media Events
May 11, 2021