Global solar and wind projects were resilient despite macroeconomic and supply chain pressures due to strong contractual structures, and flexible operating and financial profiles. Regulatory support to promote decarbonization through renewables, evidenced in 2022 across several geographies, will continue to play a key role in the success of global energy transition, according to Fitch Ratings in its global renewables performance review. Solar projects continued to outperform wind projects from P50, debt service coverage ratios (DSCR) and volume risk standpoints due to higher resource stability and predictability as ... (full story)