Europe Solar technology contracts activity drops 64% in Q2 2019

23 August 2019 (Last Updated August 23rd, 2019 09:36)

Europe Solar technology contracts activity drops 64% in Q2 2019

Europe solar technology contracts in Q2 2019 saw 51 contracts announced, marking a drop of 64% over the last four-quarter average of 143, 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 quarter was as follows:

  1. Project Implementation with 20 contracts and a 39.2% share
  2. Supply & Erection: 15 contracts and a 29.4% share
  3. Power Purchase Agreement: 13 contracts and a 25.5% share
  4. Electricity Supply: two contracts and a 3.9% share
  5. Repair, Maintenance, Upgrade & Others: one contract and a 2% share.

Spain tops Europe solar power contracts activity

Spain was the top country in the Europe region for solar technology contracts recorded in Q2 2019 with nine contracts and a 17.6% share, followed by Greece with six contracts and an 11.8% share and the UK with five contracts and a 9.8% share.

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Europe solar technology contracts in Q2 2019: Top companies by capacity

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

  1. The Regulatory Authority for Energy (Greece): 371.18MW from six contracts
  2. Scatec Solar (Norway): 148MW from one contract
  3. SNCF Mobilites Group (France): 143MW capacity from one contract.

Europe solar technology contracts in Q2 2019: Top winners by capacity

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

  1. juwi Hellas (Greece): 204.31MW from three contracts
  2. PowerChina Guizhou Engineering (China) and Voltalia (France): 148MW from one contract
  3. Spes Solaris (Greece): 106.87MW 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.