Europe power plant contracts activity up 15% in June 2020

30 July 2020 (Last Updated July 30th, 2020 16:27)

Europe power plant contracts activity up 15% in June 2020

There were 76 power plant contracts announced in the Europe region in June 2020, marking a rise of 15% over the last 12-month average of 66, 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 June 2020 with 76 contracts and a 39.4% share, followed by T&D Equipment with 43 contracts and a 22.3% share and Generation Equipment with 36 contracts and an 18.7% share during the month.

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

  1. Project Implementation: 63 contracts and an 82.9% share
  2. Consulting & Similar Services: ten contracts and a 13.2% share
  3. Repair, Maintenance, Upgrade & Others: three contracts and a 3.9% share.

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

Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 59 contracts with a 77.6% share, followed by wind with nine contracts and an 11.8% share and nuclear with seven contracts and a 9.2% share.

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Europe power plant contracts in June 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. Evonik Industries (Germany): 90MW from one contract
  2. Ministere de la transition ecologique et solidaire (France): 86.59MW from 54 contracts
  3. Kurteks Tekstil Enerji: 50MW capacity from one contract.

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

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

  1. Siemens (Germany): 90MW from one contract
  2. Naturel Enerji (Turkey): 50MW from one contract
  3. Anesco (United Kingdom): 26MW capacity from two contracts.

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.