Europe power plant contracts activity down 46% in October 2020

There were 38 power plant contracts announced in the Europe region in October 2020, marking a drop of 46% over the last 12-month average of 71, 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 October 2020 with 38 contracts and a 28.4% share, followed by Generation Equipment with 36 contracts and a 26.9% share and Smart Grid with 25 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. Consulting & Similar Services: 18 contracts and a 47.4% share
2. Project Implementation: 16 contracts and a 42.1% share
3. Repair, Maintenance, Upgrade & Others: four contracts and a 10.5% share.

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

Looking at power plant contracts by the type of technology in the Europe region, wind accounted for 22 contracts with a 57.9% share, followed by nuclear with nine contracts and a 23.7% share and solar with five contracts and a 13.2% share.

Europe power plant contracts in October 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. Wind Farm L (Ukraine): 800MW from one contract
2. Elawan Energy (Spain): 250MW from one contract
3. Allianz Capital Partners (Germany): 186MW capacity from one contract.

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

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

1. Power Construction Corporation of China (China): 800MW from one contract
2. Eiffage Energia S L U (Spain): 250MW from one contract
3. Enertrag (Germany): 186MW 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.