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.

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.

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.