Europe generation equipment contracts activity down 17% in December 2019

31 January 2020 (Last Updated February 13th, 2020 13:00)

Europe generation equipment contracts activity down 17% in December 2019

There were 25 generation equipment contracts announced in the Europe region in December 2019, marking a drop of 17% over the last 12-month average of 30, according to GlobalData’s power industry contracts database.

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Power Plant stood at first place when compared with other power tender categories in the Europe region in December 2019 with 49 contracts and a 35.8% share, followed by Generation Equipment with 25 contracts and an 18.2% share and T&D Equipment with 20 contracts and a 14.6% 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 a 96% share
  2. Project Implementation: one contract and a 4% share.

Wind is top technology for Europe generation equipment contracts in December 2019

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 17 contracts with a 68% share, followed by solar with five contracts and a 20% share and thermal with one contract and a 4% share.

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Europe generation equipment contracts in December 2019: Top winners by capacity

The top winner of contracts for the month in terms of power capacity involved in Europe was:Nordex (Germany) with 62.4MW 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.