Europe Solar technology contracts activity rises 38% in August 2020

Europe solar technology contracts in August 2020 saw 90 contracts announced, marking a rise of 38% over the last 12-month average of 65, according to GlobalData’s power industry contracts database.

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

1. Project Implementation with 77 contracts and an 85.6% share
2. Supply & Erection: six contracts and a 6.7% share
3. Power Purchase Agreement: five contracts and a 5.6% share
4. Electricity Supply: two contracts and a 2.2% share.

Ireland tops Europe solar power contracts activity

Ireland was the top country in the Europe region for solar technology contracts recorded in August 2020 with 63 contracts and a 70% share, followed by Germany with seven contracts and a 7.8% share and Spain with six contracts and a 6.7% share.

Europe solar technology contracts in August 2020: Top issuers by capacity

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

1. Department of Communications, Climate Action and Environment (Ireland): 796.3MW from 63 contracts
2. Heartland (United States): 200MW from one contract
3. BESTSELLER: 100MW capacity from one contract.

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

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

1. Better Energy (Denmark): 200MW from one contract
2. JBM Solar Developments (Ireland): 119MW from one contract
3. Heartland (United States): 100MW 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.