Asia-Pacific generation equipment contracts activity up 22% in July 2019

19 August 2019 (Last Updated August 19th, 2019 11:47)

Asia-Pacific generation equipment contracts activity up 22% in July 2019

There were 28 generation equipment contracts announced in the Asia-Pacific region in July 2019, marking a rise of 22% over the last 12-month average of 23, according to GlobalData's power industry contracts database.

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Generation Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in July 2019 with 28 contracts and a 38.4% share, followed by Electricity Procurement with 17 contracts and a 23.3% share and Power Plant with 15 contracts and a 20.5% share during the month.

The proportion of contracts by category tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 24 contracts and an 85.7% share
  2. Project Implementation: three contracts and a 10.7% share
  3. Repair, Maintenance, Upgrade & Others: one contract and a 3.6% share.

Thermal is top technology for Asia-Pacific generation equipment contracts in July 2019

Looking at generation equipment contracts by the type of technology in the Asia-Pacific region, thermal accounted for 11 contracts with a 39.3% share, followed by solar with six contracts and a 21.4% share and biopower with four contracts and a 14.3% share.

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Asia-Pacific generation equipment contracts in July 2019: Top companies by capacity

The top issuers of generation equipment contracts for the month in terms of power capacity involved in Asia-Pacific were:

  1. JERA (Japan) and JXTG Nippon Oil & Energy (Japan): 2,340MW from one contract
  2. Electricite Du Cambodge (Cambodia): 200MW from one contract
  3. LICOGI 16 (Vietnam): 15MW capacity from one contract.

Asia-Pacific generation equipment contracts in July 2019: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in Asia-Pacific were:

  1. Toshiba Energy Systems & Solutions (Japan) and Toshiba Plant Systems & Services (Japan): 2,340MW from one contract
  2. China National Heavy Machinery (China) and MAN Energy Solutions (Germany): 200MW from one contract
  3. Canadian Solar (Canada): 15MW 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.