Asia-Pacific power industry contracts in June 2021: Total volume change revealed
Join Our Newsletter - Get important industry news and analysis sent to your inbox – sign up to our e-Newsletter here
X

Power industry contracts in Asia-Pacific for June 2021 down 8%

26 Jul 2021

Power industry contracts in Asia-Pacific for June 2021 down 8%
Oil and gas companies are making moves into the UK energy market.

Asia-Pacific power industry contracts activity in June 2021 saw 97 contracts announced, marking a drop of 8% over the last 12-month average of 106, according to GlobalData’s power database.

  • Embed this chart

    Embed this chart into your website

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

Asia-Pacific power industry contracts in June 2021: China leads activity

Looking at contracts by country, China led the activity in June 2021 with 29 contracts and a share of 29.9%, up 4.6% over the previous month and up 26% when compared with the last 12 month-average, followed by India with 19 contracts and a share of 19.6% and Vietnam with nine contracts and a share of 9.3% during the month.

Looking at the last 12-month average, China held the top spot with 23 contracts, followed by India with 19 and Australia with ten contracts.

  • Embed this chart

    Embed this chart into your website

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

Solar is top technology area for contracts in June 2021

Looking at contracts divided by the type of technology, solar accounted for the largest proportion with 33 contracts and a 39.3% share, followed by wind with 31 contracts and a 36.9% share and thermal with 11 contracts and a 13.1% share.

Looking at power industry contracts divided by segment in Asia-Pacific as tracked by GlobalData, Power Plant was the most popular segment in June 2021, with 35 contracts, followed by Generation Equipment (33) and T&D Project (15).

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

  1. Project Implementation: 35 contracts and a 36.1% share
  2. Supply & Erection: 33 contracts and a 34% share
  3. Power Purchase Agreement: 15 contracts and a 15.5% share
  4. Consulting & Similar Services: 12 contracts and a 12.4% share
  5. Repair, Maintenance, Upgrade & Others: two contracts and a 2.1% share.

Power contracts in June 2021: Top issuers by capacity

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

  1. Solar Energy Corporation of India (India): 1,300MW from three contracts
  2. Ministry of Energy of the Republic of Uzbekistan (Uzbekistan): 457MW from one contract
  3. Trading Construction Works Organization: 350MW capacity from one contract.

Power contracts in June 2021: Top winners by capacity

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

  1. Southwest Electric Power Design Institute (China): 1,320MW from one contract
  2. Acme Solar Holdings Pvt (India): 1,150MW from two contracts
  3. Abu Dhabi Future Energy (United Arab Emirates): 457MW 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.