Power industry contracts in Europe for September 2020 down 24%

16 October 2020 (Last Updated October 16th, 2020 07:03)

Power industry contracts in Europe for September 2020 down 24%

Europe power industry contracts activity in September 2020 saw 123 contracts announced, marking a drop of 24% over the last 12-month average of 161, according to GlobalData’s power database.

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Europe power industry contracts in September 2020: The UK leads activity

Looking at contracts by country, the UK led the activity in September 2020 with 19 contracts and a share of 15.4%, up 3.2% over the previous month and up 19% when compared with the last 12 month-average, followed by Spain with 12 contracts and a share of 9.8% and Germany with 11 contracts and a share of 8.9% during the month.

Looking at the last 12-month average, France held the top spot with 37 contracts, followed by the UK with 16 and Germany with 11 contracts.

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Wind is top technology area for contracts in September 2020

Looking at contracts divided by the type of technology, wind accounted for the largest proportion with 47 contracts and a 50.5% share, followed by solar with 23 contracts and a 24.7% share and thermal with 11 contracts and an 11.8% share.

Looking at power industry contracts divided by segment in Europe as tracked by GlobalData, Generation Equipment was the most popular segment in September 2020, with 52 contracts, followed by T&D Equipment (27) and Power Plant (24).

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

  1. Supply & Erection: 74 contracts and a 60.2% share
  2. Project Implementation: 18 contracts and a 14.6% share
  3. Power Purchase Agreement: 12 contracts and a 9.8% share
  4. Consulting & Similar Services: 11 contracts and an 8.9% share
  5. Repair, Maintenance, Upgrade & Others: six contracts and a 4.9% share
  6. Electricity Supply: two contracts and a 1.6% share.

Power contracts in September 2020: Top issuers by capacity

The top issuers of contracts for the month in terms of power capacity involved in Europe were:

  1. Total (France): 3,300MW from one contract
  2. Gmina Puchaczow: 892MW from one contract
  3. Axpo Iberia (Spain): 150MW capacity from one contract.

Power contracts in September 2020: Top winners by capacity

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

  1. Ignis Energia (Spain): 3,300MW from one contract
  2. ML System (Poland): 892MW from one contract
  3. Solaria Energia y Medio Ambiente (Spain): 150MW 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.