Europe generation equipment contracts activity down 3% in July 2020

24 August 2020 (Last Updated August 24th, 2020 15:41)

Europe generation equipment contracts activity down 3% in July 2020
Oil and gas companies are making moves into the UK energy market.

There were 32 generation equipment contracts announced in the Europe region in July 2020, marking a drop of 3% over the last 12-month average of 33, 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.

T&D Equipment stood at first place when compared with other power tender categories in the Europe region in July 2020 with 43 contracts and a 26.7% share, followed by Power Plant with 34 contracts and a 21.1% share and Generation Equipment with 32 contracts and a 19.9% 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 75% share
  2. Repair, Maintenance, Upgrade & Others: five contracts and a 15.6% share
  3. Project Implementation: two contracts and a 6.3% share
  4. Consulting & Similar Services: one contract and a 3.1% share.

Wind is top technology for Europe generation equipment contracts in July 2020

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 18 contracts with a 54.5% share, followed by solar with five contracts and a 15.2% share and thermal with five contracts and a 15.2% share.

  • Embed this chart

    Embed this chart into your website

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

Europe generation equipment contracts in July 2020: Top issuer by capacity

The top issuer of generation equipment contracts for the month in terms of power capacity involved in Europe was:UKA Group (United Kingdom) with 13.5MW from one contract.

Europe generation equipment contracts in July 2020: Top winners by capacity

The top winner of contracts for the month in terms of power capacity involved in Europe was:Nordex (Germany) with 13.5MW 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.