Europe Solar technology contracts activity rises 240% in April 2020

26 May 2020 (Last Updated May 26th, 2020 15:50)

Europe Solar technology contracts activity rises 240% in April 2020
Oil and gas companies are making moves into the UK energy market.

Europe solar technology contracts in April 2020 saw 153 contracts announced, marking a rise of 240% over the last 12-month average of 45, according to GlobalData’s power industry contracts database.

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

  1. Project Implementation with 145 contracts and a 94.8% share
  2. Power Purchase Agreement: three contracts and a 2% share
  3. Supply & Erection: three contracts and a 2% share
  4. Consulting & Similar Services: one contract and a 0.7% share
  5. Repair, Maintenance, Upgrade & Others: one contract and a 0.7% share.

France tops Europe solar power contracts activity

France was the top country in the Europe region for solar technology contracts recorded in April 2020 with 139 contracts and a 90.8% share, followed by Greece with five contracts and a 3.3% share and Spain with five contracts and a 3.3% share.

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Europe solar technology contracts in April 2020: Top companies by capacity

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

  1. Ministere de l’Environnement, de l’Energie et de la Mer (France): 741.01MW from 126 contracts
  2. The Regulatory Authority for Energy (Greece): 349.94MW from four contracts
  3. Ministere de la transition ecologique et solidaire (France): 94.18MW capacity from 12 contracts.

Europe solar technology contracts in April 2020: Top winners by capacity

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

  1. Engie (France): 91.83MW from seven contracts
  2. GP JOULE (Germany): 65MW from one contract
  3. EDP Renovaveis (Spain): 59MW 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.