Europe generation equipment contracts activity down 8% in Q2 2019

3 September 2019 (Last Updated September 3rd, 2019 09:36)

Europe generation equipment contracts activity down 8% in Q2 2019

There were 84 generation equipment contracts announced in the Europe region in Q2 2019, marking a drop of 8% over the last 12-month average of 91, 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 Q2 2019 with 84 contracts and a 33.2% share, followed by Power Plant with 75 contracts and a 29.6% share and Electricity Procurement with 38 contracts and a 15% share during the quarter.

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

  1. Supply & Erection: 64 contracts and a 76.2% share
  2. Repair, Maintenance, Upgrade & Others: 18 contracts and a 21.4% share
  3. Consulting & Similar Services: one contract and a 1.2% share
  4. Project Implementation: one contract and a 1.2% share.

Wind is top technology for Europe generation equipment contracts in Q2 2019

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 43 contracts with a 50.6% share, followed by solar with 14 contracts and a 16.5% share and thermal with ten contracts and an 11.8% share.

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Europe generation equipment contracts in Q2 2019: Top companies by capacity

The top issuer of generation equipment contracts for the quarter in terms of power capacity involved in Europe was:Stadtwerke Frankfurt (Oder) (Germany) with 51MW from one contract.

Europe generation equipment contracts in Q2 2019: Top winners by capacity

The top winner of contracts for the quarter in terms of power capacity involved in Europe was:MAN Energy Solutions (Germany) with 51MW 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.