Hydro technology contracts activity in Q2 2022 saw 31 contracts announced, marking a drop of 46% over the last four-quarter average of 57, according to GlobalData’s power industry contracts database.

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Looking at global power contracts activity divided by the type of technology, hydro held the fourth position in terms of number of contracts during Q2 2022 with a 5% share.

The proportion of contracts by category in the Hydro technology tracked by GlobalData in the quarter was as follows:

  1. Project Implementation: 12 contracts and a 38.7% share
  2. Consulting & Similar Services: seven contracts and a 22.6% share
  3. Supply & Erection: seven contracts and a 22.6% share
  4. Repair, Maintenance, Upgrade & Others: three contracts and a 9.7% share
  5. Power Purchase Agreement: two contracts and a 6.5% share.

Asia-Pacific leads hydro contracts activity in Q2 2022

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Comparing contracts activity in hydro technology in different regions of the globe, Asia-Pacific held the top position with 16 contracts and a share of 51.6% during Q2 2022, followed by Europe with eight contracts and a 25.8% share and North America with four contracts and a 12.9% share.

In fourth place was Middle East and Africa with two contracts and a 6.5% share and in fifth place was South and Central America with one contract and a 3.2% share.

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Hydro technology contracts in Q2 2022: Top companies by capacity

The top issuers of contracts in Hydro technology for the quarter in terms of power capacity involved were:

  1. County of Buxel and Government of Xinjiang Tacheng: 3,000MW from one contract
  2. China Southern Power Grid (China): 1,200MW from one contract
  3. Government of Chhattisgarh (India): 1,000MW capacity from one contract.

Hydro technology contracts in Q2 2022: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved were:

  1. Sinohydro Bureau eight (Peru) and Sinohydro Engineering Bureau four (China): 1,200MW from one contract
  2. JSW Neo Energy (India): 1,000MW from one contract
  3. Megha Engineering and Infrastructure (India): 850MW capacity from one contract.

All publicly-announced contracts are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.

More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s Power database.