Europe Solar technology contracts activity rises 4% in February 2020

23 March 2020 (Last Updated March 23rd, 2020 10:19)

Europe Solar technology contracts activity rises 4% in February 2020

Europe solar technology contracts in February 2020 saw 56 contracts announced, marking a rise of 4% over the last 12-month average of 54, 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 46 contracts and an 82.1% share
  2. Power Purchase Agreement: six contracts and a 10.7% share
  3. Supply & Erection: three contracts and a 5.4% share
  4. Electricity Supply: one contract and a 1.8% share.

France tops Europe solar power contracts activity

France was the top country in the Europe region for solar technology contracts recorded in February 2020 with 38 contracts and a 67.9% share, followed by Spain with nine contracts and a 16.1% share and Germany with three contracts and a 5.4% share.

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

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

  1. Solarcentury Holdings (United Kingdom): 500MW from two contracts
  2. BP (United Kingdom) and Lightsource BP Renewable Energy Investments (United Kingdom): 250MW from one contract
  3. Smartenergy Invest (Switzerland): 134MW capacity from one contract.

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

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

  1. Proyectos de Instalaciones Electricas (Spain): 500MW from two contracts
  2. Lightsource BP Renewable Energy Investments (United Kingdom) and Prodiel Proyectos de Instalaciones Electricas (Spain): 250MW from one contract
  3. Voltalia (France): 134MW 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.