Europe power plant contracts activity down 68% in September 2020

21 October 2020 (Last Updated October 21st, 2020 04:35)

Europe power plant contracts activity down 68% in September 2020

There were 24 power plant contracts announced in the Europe region in September 2020, marking a drop of 68% over the last 12-month average of 74, according to GlobalData’s power industry contracts database.

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Generation Equipment stood at first place when compared with other power tender categories in the Europe region in September 2020 with 52 contracts and a 38.2% share, followed by T&D Equipment with 27 contracts and a 19.9% share and Power Plant with 24 contracts and a 17.6% share during the month.

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

  1. Project Implementation: 14 contracts and a 58.3% share
  2. Consulting & Similar Services: seven contracts and a 29.2% share
  3. Repair, Maintenance, Upgrade & Others: two contracts and an 8.3% share
  4. Power Purchase Agreement: one contract and a 4.2% share.

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

Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 13 contracts with a 52% share, followed by wind with eight contracts and a 32% share and thermal with two contracts and an 8% share.

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Europe power plant contracts in September 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. Total (France): 3,300MW from one contract
  2. Gmina Puchaczow: 892MW from one contract
  3. Fotowatio Renewable Ventures (Spain): 138MW capacity from one contract.

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

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

  1. Ignis Energia (Spain): 3,300MW from one contract
  2. ML System (Poland): 892MW from one contract
  3. Grupo Ortiz (Spain): 138MW 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.