Europe power plant contracts activity down 32% in July 2019

13 August 2019 (Last Updated August 13th, 2019 07:53)

Europe power plant contracts activity down 32% in July 2019

There were 34 power plant contracts announced in the Europe region in July 2019, marking a drop of 32% over the last 12-month average of 50, 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 July 2019 with 34 contracts and a 45.3% share, followed by Generation Equipment with 17 contracts and a 22.7% share and T&D Equipment with eight contracts and a 10.7% share during the month.

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

  1. Project Implementation: 31 contracts and a 91.2% share
  2. Consulting & Similar Services: two contracts and a 5.9% share
  3. Repair, Maintenance, Upgrade & Others: one contract and a 2.9% share.

Solar is top technology for Europe power plant contracts in July 2019

Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 19 contracts with a 55.9% share, followed by wind with 11 contracts and a 32.4% share and thermal with two contracts and a 5.9% share.

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Europe power plant contracts in July 2019: Top companies by capacity

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

  1. The Regulatory Authority for Energy (Greece): 322.44MW from 27 contracts
  2. Volkswagen Kraftwerk (Germany): 288MW from one contract
  3. TEAG Thuringer Energie: 63MW capacity from one contract.

Europe power plant contracts in July 2019: Top winners by capacity

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

  1. Mitsubishi Hitachi Power Systems Europe (Germany): 288MW from one contract
  2. Spes Solaris (Greece): 75.58MW from seven contracts
  3. MAN Energy Solutions (Germany): 63MW 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.