Europe generation equipment contracts activity up 7% in May 2020

13 June 2020 (Last Updated August 16th, 2020 11:17)
Europe generation equipment contracts activity up 7% in May 2020

There were 32 generation equipment contracts announced in the Europe region in May 2020, marking a rise of 7% over the last 12-month average of 30, according to GlobalData’s power industry contracts database.

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Generation Equipment stood at first place when compared with other power tender categories in the Europe region in May 2020 with 32 contracts and a 38.6% share, followed by Power Plant with 19 contracts and a 22.9% share and T&D Equipment with 15 contracts and an 18.1% 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. Consulting & Similar Services: two contracts and a 6.3% share
  4. Project Implementation: one contract and a 3.1% share.

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

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 12 contracts with a 38.7% share, followed by thermal with ten contracts and a 32.3% share and solar with four contracts and a 12.9% share.

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Europe generation equipment contracts in May 2020: Top companies by capacity

The top issuer of generation equipment contracts for the month in terms of power capacity involved in Europe was:Swb Erzeugun (Germany) with 105MW from one contract.

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

The top winner of contracts for the month in terms of power capacity involved in Europe was:Uniper (Germany) and Wartsila (Finland) with 105MW 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.