Europe Generation equipment segment contracts in May 2021: Exclusive analysis
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Europe generation equipment contracts activity down 52% in May 2021

09 Jun 2021 (Last Updated June 9th, 2021 10:40)

Europe generation equipment contracts activity down 52% in May 2021

There were 20 generation equipment contracts announced in the Europe region in May 2021, marking a drop of 52% over the last 12-month average of 42, 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 May 2021 with 35 contracts and a 31.8% share, followed by Electricity Procurement with 24 contracts and a 21.8% share and Generation Equipment with 20 contracts and an 18.2% share during the month.

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

  1. Supply & Erection: 17 contracts and an 85% share
  2. Repair, Maintenance, Upgrade & Others: two contracts and a 10% share
  3. Project Implementation: one contract and a 5% share.

Wind is top technology for Europe generation equipment contracts in May 2021

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for ten contracts with a 52.6% share, followed by hydro with three contracts and a 15.8% share and solar with two contracts and a 10.5% share.

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Europe generation equipment contracts in May 2021: Top issuers by capacity

The top issuers of generation equipment contracts for the month in terms of power capacity involved in Europe were:

  1. Neoen (France): 404MW from one contract
  2. Miejskie Przedsiebiorstwo Oczyszczania: 20MW from one contract.

Europe generation equipment contracts in May 2021: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in Europe were:

  1. Vestas Northern and Central Europe (Germany): 404MW from one contract
  2. Doosan Lentjes (Germany): 20MW 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.