Asia-Pacific generation equipment contracts activity down 19% in Q3 2019

12 November 2019 (Last Updated November 12th, 2019 10:31)

Asia-Pacific generation equipment contracts activity down 19% in Q3 2019
Oil and gas companies are making moves into the UK energy market.

There were 57 generation equipment contracts announced in the Asia-Pacific region in Q3 2019, marking a drop of 19% over the last 12-month average of 70, according to GlobalData’s power industry contracts database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Power Plant stood at first place when compared with other power tender categories in the Asia-Pacific region in Q3 2019 with 62 contracts and a 32.8% share, followed by Generation Equipment with 57 contracts and a 30.2% share and Electricity Procurement with 42 contracts and a 22.2% share during the quarter.

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

  1. Supply & Erection: 46 contracts and an 80.7% share
  2. Repair, Maintenance, Upgrade & Others: six contracts and a 10.5% share
  3. Project Implementation: five contracts and an 8.8% share.

Thermal is top technology for Asia-Pacific generation equipment contracts in Q3 2019

Looking at generation equipment contracts by the type of technology in the Asia-Pacific region, thermal accounted for 26 contracts with a 45.6% share, followed by wind with 11 contracts and a 19.3% share and solar with nine contracts and a 15.8% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Asia-Pacific generation equipment contracts in Q3 2019: Top companies by capacity

The top issuers of generation equipment contracts for the quarter 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. Van Phong Power: 1,320MW from one contract
  3. Electricite Du Cambodge (Cambodia): 200MW capacity from one contract.

Asia-Pacific generation equipment contracts in Q3 2019: Top winners by capacity

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

  1. Toshiba Plant Systems & Services (Japan) and Toshiba Energy Systems & Solutions (Japan): 2,340MW from one contract
  2. Toshiba Energy Systems & Solutions (Japan), CTCI (Taiwan), Doosan Heavy Industries & Construction (South Korea) and IHI (Japan): 1,320MW capacity from one contract.
  3. China National Heavy Machinery Corporation (China): 200MW 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.