Europe power plant contracts activity down 51% in July 2020

19 August 2020 (Last Updated August 19th, 2020 14:56)

Europe power plant contracts activity down 51% in July 2020

There were 34 power plant contracts announced in the Europe region in July 2020, marking a drop of 51% over the last 12-month average of 70, according to GlobalData’s power industry contracts database.

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T&D Equipment stood at first place when compared with other power tender categories in the Europe region in July 2020 with 43 contracts and a 26.7% share, followed by Power Plant with 34 contracts and a 21.1% share and Generation Equipment with 32 contracts and a 19.9% share during the month.

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

  1. Project Implementation: 25 contracts and a 73.5% share
  2. Consulting & Similar Services: seven contracts and a 20.6% share
  3. Power Purchase Agreement: one contract and a 2.9% share
  4. Repair, Maintenance, Upgrade & Others: one contract and a 2.9% share.

Wind is top technology for Europe power plant contracts in July 2020

Looking at power plant contracts by the type of technology in the Europe region, wind accounted for 16 contracts with a 47.1% share, followed by solar with 14 contracts and a 41.2% share and thermal with three contracts and an 8.8% share.

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Europe power plant contracts in July 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. Netherlands Enterprise Agency (Netherlands): 1,518MW from one contract
  2. Tatenergo (Russia): 858MW from one contract
  3. NextEnergy Capital (United Kingdom): 115MW capacity from one contract.

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

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

  1. Eneco Holding (Netherlands) and Royal Dutch Shell (Netherlands): 1,518MW from one contract
  2. ENKA Insaat ve Sanayi (Turkey): 858MW from one contract
  3. Bouygues Energies & Services UK (United Kingdom): 115MW 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.