Europe generation equipment contracts activity down 8% in October 2020

17 November 2020 (Last Updated November 17th, 2020 10:25)

Europe generation equipment contracts activity down 8% in October 2020

There were 36 generation equipment contracts announced in the Europe region in October 2020, marking a drop of 8% over the last 12-month average of 39, 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 2020 with 38 contracts and a 28.4% share, followed by Generation Equipment with 36 contracts and a 26.9% share and Smart Grid with 25 contracts and an 18.7% share during the month.

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

  1. Supply & Erection: 31 contracts and an 86.1% share
  2. Repair, Maintenance, Upgrade & Others: three contracts and an 8.3% share
  3. Consulting & Similar Services: one contract and a 2.8% share
  4. Project Implementation: one contract and a 2.8% share.

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

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 15 contracts with a 41.7% share, followed by solar with seven contracts and a 19.4% share and thermal with seven contracts and a 19.4% share.

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

The top issuer of generation equipment contracts for the month in terms of power capacity involved in Europe was:The Renewables Infrastructure Group (United Kingdom) with 43MW from one contract.

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

The top winner of contracts for the month in terms of power capacity involved in Europe was:Envision Energy (China) and Velocita Energies (France) with 43MW 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.