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Asia-Pacific Solar technology contracts activity rises 3% in December 2020

15 Jan 2021 (Last Updated January 15th, 2021 07:08)

Asia-Pacific Solar technology contracts activity rises 3% in December 2020

Asia-Pacific solar technology contracts in December 2020 saw 39 contracts announced, marking a rise of 3% over the last 12-month average of 38, according to GlobalData’s power industry contracts database.

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

  1. Supply & Erection with 16 contracts and a 41% share
  2. Project Implementation: 12 contracts and a 30.8% share
  3. Power Purchase Agreement: nine contracts and a 23.1% share
  4. Consulting & Similar Services: one contract and a 2.6% share
  5. Electricity Supply: one contract and a 2.6% share.

Australia tops Asia-Pacific solar power contracts activity

Australia was the top country in the Asia-Pacific region for solar technology contracts recorded in December 2020 with 12 contracts and a 30.8% share, followed by China with eight contracts and a 20.5% share and India with four contracts and a 10.3% share.

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Asia-Pacific solar technology contracts in December 2020: Top issuers by capacity

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

  1. Vietnam Electricity (Vietnam): 330MW from one contract
  2. X-ELIO Energy (Spain): 200MW from one contract
  3. CS Energy (Australia) and Pacifico Energy K. (Japan): 77MW capacity from one contract.

Asia-Pacific solar technology contracts in December 2020: Top winners by capacity

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

  1. Bamboo Capital (Vietnam) and Leader Energy Pte (Singapore): 330MW from one contract
  2. China Energy Engineering Group Planning and Engineering (China) and Grupo Gransolar (Spain): 200MW from one contract
  3. ESCO Pacific Pty (Australia) and Sharp Energy Solutions (Japan): 77MW 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.