Europe Solar technology contracts activity drops 62% in November 2020

Europe solar technology contracts in November 2020 saw 21 contracts announced, marking a drop of 62% over the last 12-month average of 55, 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. Power Purchase Agreement with eight contracts and a 38.1% share
2. Supply & Erection: eight contracts and a 38.1% share
3. Project Implementation: five contracts and a 23.8% share.

Spain tops Europe solar power contracts activity

Spain was the top country in the Europe region for solar technology contracts recorded in November 2020 with six contracts and a 28.6% share, followed by the UK with three contracts and a 14.3% share and Poland with three contracts and a 14.3% share.

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

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

1. Hellenic Petroleum (Greece): 204MW from one contract
2. Novartis (Switzerland): 198MW from three contracts
3. Luxcara (Germany): 172MW capacity from one contract.

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

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

1. juwi (Germany): 204MW from one contract
2. Belectric Solar & Battery (Germany): 172MW from one contract
3. Acciona Energia (Spain): 135.2MW capacity from two contracts.

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.