Europe Solar technology contracts activity drops 62% in July 2020

17 August 2020 (Last Updated August 17th, 2020 11:38)

Europe Solar technology contracts activity drops 62% in July 2020

Europe solar technology contracts in July 2020 saw 23 contracts announced, marking a drop of 62% over the last 12-month average of 61, 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 13 contracts and a 56.5% share
  2. Supply & Erection: five contracts and a 21.7% share
  3. Power Purchase Agreement: five contracts and a 21.7% share.

Poland tops Europe solar power contracts activity

Poland was the top country in the Europe region for solar technology contracts recorded in July 2020 with seven contracts and a 30.4% share, followed by the UK with six contracts and a 26.1% share and Spain with four contracts and a 17.4% share.

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

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

  1. NextEnergy Capital (United Kingdom): 115MW from one contract
  2. Saudi Basic Industries Corporation (SABIC): 100MW from one contract
  3. Artibir Enerji: 31.5MW capacity from one contract.

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

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

  1. Bouygues Energies & Services UK (United Kingdom): 115MW from one contract
  2. Iberdrola (Spain): 100MW from one contract
  3. Maxima Enerji Sistemleri Teknik Servis Ve Taahhut Tic (Turkey) and Asunim Yenilenebilir Enerji Teknolojileri Ins Muh San Tic Ltd S (Turkey): 31.5MW 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.