Fitch

International renewables capacity will more than double this decade yet almost every leading market will certainly still miss deployment targets.

Asia boasts an expanding variety of markets with solar growth pipes in excess of 1GW, a new report by Fitch has found, with the region dominating the working as a consultant's project data source analysis this year.

Rising need for eco-friendly projects in investor profiles is "broadening the geographic base" of the solar market, with 36 nations readied to set up greater than 1GW of solar by 2029.

The global power and renewable energy market is expected to remain largely unaffected by the Trump administration’s new wave of tariffs on Chinese goods. Although shipments of Chinese modules into the U.S. market are falling, Chinese manufacturers sent more panels to overseas markets in the first half of this year than they did in the same period of 2018. Analysts from Fitch, meanwhile, claim the U.S. solar market will continue to expand, despite higher project costs.

Ongoing US-China trade tensions will not ruin solar fortunes on either side as players adapt by redrawing the lines of global supply flows, Fitch Solutions has predicted.