Europe Solar technology contracts activity rises 7% in October 2019

25 November 2019 (Last Updated November 25th, 2019 06:32)

Europe Solar technology contracts activity rises 7% in October 2019
Oil and gas companies are making moves into the UK energy market.

Europe solar technology contracts in October 2019 saw 46 contracts announced, marking a rise of 7% over the last 12-month average of 43, 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 33 contracts and a 71.7% share
  2. Power Purchase Agreement: nine contracts and a 19.6% share
  3. Supply & Erection: four contracts and an 8.7% share.

France tops Europe solar power contracts activity

France was the top country in the Europe region for solar technology contracts recorded in October 2019 with 32 contracts and a 69.6% share, followed by Spain with five contracts and a 10.9% share and the UK with four contracts and an 8.7% share.

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Europe solar technology contracts in October 2019: Top companies by capacity

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

  1. Ministere de la transition ecologique et solidaire (France): 64.46MW from 32 contracts
  2. LW Bogdanka: 30MW from one contract
  3. Tesco (United Kingdom): 5MW capacity from one contract.

Europe solar technology contracts in October 2019: Top winners by capacity

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

  1. Enea (Poland): 30MW from one contract
  2. Technique Solaire (France): 9.27MW from four contracts
  3. Urbasolar (France): 6.87MW 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.