Asia-Pacific Solar technology contracts activity drops 38% in November 2019

19 December 2019 (Last Updated December 19th, 2019 06:09)

Asia-Pacific Solar technology contracts activity drops 38% in November 2019
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Asia-Pacific solar technology contracts in November 2019 saw 21 contracts announced, marking a drop of 38% over the last 12-month average of 34, 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 ten contracts and a 47.6% share
  2. Project Implementation: seven contracts and a 33.3% share
  3. Power Purchase Agreement: four contracts and a 19% share.

China tops Asia-Pacific solar power contracts activity

China was the top country in the Asia-Pacific region for solar technology contracts recorded in November 2019 with four contracts and a 19% share, followed by India with four contracts and a 19% share and Japan with three contracts and a 14.3% share.

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Asia-Pacific solar technology contracts in November 2019: Top companies by capacity

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

  1. Tata Power Co Ltd – Distribution: 150MW from one contract
  2. JSC Uzbekenergo (Uzbekistan): 100MW from one contract
  3. Kyushu Electric Power (Japan): 53.4MW capacity from one contract.

Asia-Pacific solar technology contracts in November 2019: Top winners by capacity

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

  1. Tata Power Renewable Energy (India): 200MW from two contracts
  2. Abu Dhabi Future Energy (United Arab Emirates): 100MW from one contract
  3. Canadian Solar (Canada): 53.4MW 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.