Europe generation equipment contracts activity up 5% in November 2020

18 December 2020 (Last Updated December 18th, 2020 03:06)

Europe generation equipment contracts activity up 5% in November 2020

There were 42 generation equipment contracts announced in the Europe region in November 2020, marking a rise of 5% over the last 12-month average of 40, 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 November 2020 with 42 contracts and a 35.3% share, followed by T&D Equipment with 22 contracts and an 18.5% share and Electricity Procurement with 18 contracts and a 15.1% share during the month.

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

  1. Supply & Erection: 39 contracts and a 92.9% share
  2. Consulting & Similar Services: one contract and a 2.4% share
  3. Project Implementation: one contract and a 2.4% share
  4. Repair, Maintenance, Upgrade & Others: one contract and a 2.4% share.

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

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 23 contracts with a 54.8% share, followed by solar with eight contracts and a 19% share and thermal with six contracts and a 14.3% share.

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Europe generation equipment contracts in November 2020: Top issuers by capacity

The top issuer of generation equipment contracts for the month in terms of power capacity involved in Europe was:UAB Ignitis Renewables (Lithuania) with 63MW from one contract.

Europe generation equipment contracts in November 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 63MW 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.