Europe generation equipment contracts activity up 10% in Q4 2019

29 February 2020 (Last Updated February 21st, 2020 08:10)

Europe generation equipment contracts activity up 10% in Q4 2019
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There were 97 generation equipment contracts announced in the Europe region in Q4 2019, marking a rise of 10% over the last 12-month average of 88, 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 Q4 2019 with 132 contracts and a 34.3% share, followed by Generation Equipment with 97 contracts and a 25.2% share and T&D Equipment with 53 contracts and a 13.8% share during the quarter.

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

  1. Supply & Erection: 79 contracts and an 81.4% share
  2. Repair, Maintenance, Upgrade & Others: 11 contracts and an 11.3% share
  3. Project Implementation: five contracts and a 5.2% share
  4. Consulting & Similar Services: two contracts and a 2.1% share.

Wind is top technology for Europe generation equipment contracts in Q4 2019

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 43 contracts with a 44.8% share, followed by solar with 20 contracts and a 20.8% share and thermal with 16 contracts and a 16.7% share.

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Europe generation equipment contracts in Q4 2019: Top companies by capacity

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

  1. Edison (Italy): 760MW from one contract
  2. PJSC Kazanorgsintez: 250MW from one contract
  3. Barthe family and Biomasse 31 (France): 1.18MW capacity from one contract.

Europe generation equipment contracts in Q4 2019: Top winners by capacity

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

  1. Ansaldo Energia (Italy): 760MW from one contract
  2. Siemens (Germany): 250MW from one contract
  3. Nordex (Germany): 62.4MW capacity 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.