Europe generation equipment contracts activity down 31% in October 2019

28 November 2019 (Last Updated November 28th, 2019 07:35)

Europe generation equipment contracts activity down 31% in October 2019

There were 20 generation equipment contracts announced in the Europe region in October 2019, marking a drop of 31% over the last 12-month average of 29, 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 October 2019 with 62 contracts and a 53.4% share, followed by Electricity Procurement with 21 contracts and an 18.1% share and Generation Equipment with 20 contracts and a 17.2% share during the month.

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

  1. Supply & Erection: 13 contracts and a 65% share
  2. Repair, Maintenance, Upgrade & Others: five contracts and a 25% share
  3. Project Implementation: two contracts and a 10% share.

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

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for nine contracts with a 45% share, followed by thermal with five contracts and a 25% share and solar with four contracts and a 20% share.

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Europe generation equipment contracts in October 2019: Top companies by capacity

The top issuer of generation equipment contracts for the month in terms of power capacity involved in Europe was:PJSC Kazanorgsintez with 250MW from one contract.

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

The top winner of contracts for the month in terms of power capacity involved in Europe was:Siemens (Germany) with 250MW 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.