Europe power plant contracts activity up 32% in October 2019

27 November 2019 (Last Updated November 27th, 2019 05:45)

Europe power plant contracts activity up 32% in October 2019

There were 62 power plant contracts announced in the Europe region in October 2019, marking a rise of 32% over the last 12-month average of 47, according to GlobalData’s power industry contracts database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Power Plant stood at first place when compared with other power tender categories in the Europe region in October 2019 with 62 contracts and a 53.4% share, followed by Electricity Procurement with 21 contracts and an 18.1% share and Generation Equipment with 20 contracts and a 17.2% share during the month.

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

  1. Project Implementation: 58 contracts and a 93.5% share
  2. Consulting & Similar Services: two contracts and a 3.2% share
  3. Power Purchase Agreement: one contract and a 1.6% share
  4. Repair, Maintenance, Upgrade & Others: one contract and a 1.6% share.

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

Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 34 contracts with a 54.8% share, followed by wind with 26 contracts and a 41.9% share and nuclear with one contract and a 1.6% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Europe power plant contracts in October 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. NBT (Norway): 750MW from two contracts
  2. Ministere de l’Environnement, de l’Energie et de la Mer (France): 575.83MW from 20 contracts
  3. PJSC Kazanorgsintez: 250MW capacity from one contract.

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

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

  1. China Electric Power Equipment and Technology (China): 750MW from two contracts
  2. Siemens (Germany): 250MW from one contract
  3. Nordex (Germany): 55.2MW capacity from three 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.