Europe power plant contracts activity up 269% in April 2020

21 May 2020 (Last Updated May 21st, 2020 14:26)

Europe power plant contracts activity up 269% in April 2020

There were 192 power plant contracts announced in the Europe region in April 2020, marking a rise of 269% over the last 12-month average of 52, 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 April 2020 with 192 contracts and a 75.9% share, followed by Generation Equipment with 31 contracts and a 12.3% share and T&D Equipment with ten contracts and a 4% share during the month.

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

  1. Project Implementation: 183 contracts and a 95.3% share
  2. Repair, Maintenance, Upgrade & Others: five contracts and a 2.6% share
  3. Consulting & Similar Services: four contracts and a 2.1% share.

Solar is top technology for Europe power plant contracts in April 2020

Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 147 contracts with a 76.6% share, followed by wind with 42 contracts and a 21.9% share and biopower with two contracts and a 1% share.

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Europe power plant contracts in April 2020: Top companies by capacity

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

  1. Ministere de l’Environnement, de l’Energie et de la Mer (France): 1,490.51MW from 161 contracts
  2. The Regulatory Authority for Energy (Greece): 502.94MW from five contracts
  3. Ministere de la transition ecologique et solidaire (France): 94.18MW capacity from 12 contracts.

Europe power plant contracts in April 2020: Top winners by capacity

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

  1. Aeoliki Vermiou EU (Greece): 153MW from one contract
  2. Engie (France): 109.43MW from eight contracts
  3. Renewable Energy Systems (United Kingdom): 85.8MW 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.