Europe power plant contracts activity up 43% in August 2020

There were 109 power plant contracts announced in the Europe region in August 2020, marking a rise of 43% over the last 12-month average of 76, according to GlobalData’s power industry contracts database.

Power Plant stood at first place when compared with other power tender categories in the Europe region in August 2020 with 109 contracts and a 53.4% share, followed by Generation Equipment with 35 contracts and a 17.2% share and T&D Equipment with 31 contracts and a 15.2% share during the month.

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

1. Project Implementation: 102 contracts and a 93.6% share
2. Consulting & Similar Services: six contracts and a 5.5% share
3. Repair, Maintenance, Upgrade & Others: one contract and a 0.9% share.

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

Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 77 contracts with a 70.6% share, followed by wind with 25 contracts and a 22.9% share and thermal with four contracts and a 3.7% share.

Europe power plant contracts in August 2020: Top issuers by capacity

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

1. Department of Communications, Climate Action and Environment (Ireland): 1,275.54MW from 82 contracts
2. Elektrocieplownia Stalowa Wola (Poland): 450MW from one contract
3. Heartland (United States): 200MW capacity from one contract.

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

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

1. Energoprojekt-Katowice (Poland) and Zaklady Pomiarowo Badawcze Energetyki Energopomiar (Poland): 450MW from one contract
2. China Energy Construction Group (China): 270MW from one contract
3. Better Energy (Denmark): 200MW 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.