Europe generation equipment contracts activity up 41% in September 2020

22 October 2020 (Last Updated October 22nd, 2020 03:54)

Europe generation equipment contracts activity up 41% in September 2020

There were 52 generation equipment contracts announced in the Europe region in September 2020, marking a rise of 41% over the last 12-month average of 37, 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 September 2020 with 52 contracts and a 38.2% share, followed by T&D Equipment with 27 contracts and a 19.9% share and Power Plant with 24 contracts and a 17.6% share during the month.

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

  1. Supply & Erection: 45 contracts and an 86.5% share
  2. Consulting & Similar Services: three contracts and a 5.8% share
  3. Project Implementation: two contracts and a 3.8% share
  4. Repair, Maintenance, Upgrade & Others: two contracts and a 3.8% share.

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

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 28 contracts with a 53.8% share, followed by thermal with ten contracts and a 19.2% share and hydro with six contracts and an 11.5% share.

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

The top issuer of generation equipment contracts for the month in terms of power capacity involved in Europe was:Gmina Puchaczow with 892MW from one contract.

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

The top winner of contracts for the month in terms of power capacity involved in Europe was:ML System (Poland) with 892MW 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.