Europe generation equipment contracts activity up 33% in Q2 2020

25 August 2020 (Last Updated August 25th, 2020 11:13)

Europe generation equipment contracts activity up 33% in Q2 2020

There were 121 generation equipment contracts announced in the Europe region in Q2 2020, marking a rise of 33% over the last 12-month average of 91, according to GlobalData’s power industry contracts database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Power Plant stood at first place when compared with other power tender categories in the Europe region in Q2 2020 with 294 contracts and a 48.7% share, followed by Generation Equipment with 121 contracts and a 20% share and T&D Equipment with 102 contracts and a 16.9% share during the quarter.

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

  1. Supply & Erection: 102 contracts and an 84.3% share
  2. Repair, Maintenance, Upgrade & Others: 13 contracts and a 10.7% share
  3. Consulting & Similar Services: four contracts and a 3.3% share
  4. Project Implementation: two contracts and a 1.7% share.

Wind is top technology for Europe generation equipment contracts in Q2 2020

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 60 contracts with a 50.4% share, followed by thermal with 25 contracts and a 21% share and hydro with 13 contracts and a 10.9% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Europe generation equipment contracts in Q2 2020: Top issuers by capacity

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

  1. Swb Erzeugun (Germany): 105MW from one contract
  2. Evonik Industries (Germany): 90MW from one contract.

Europe generation equipment contracts in Q2 2020: Top winners by capacity

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

  1. Uniper (Germany) and Wartsila (Finland): 105MW from one contract
  2. Siemens (Germany): 90MW 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.