Europe Solar technology contracts activity rises 75% in Q2 2020

18 August 2020 (Last Updated August 18th, 2020 08:03)
Europe Solar technology contracts activity rises 75% in Q2 2020

Europe solar technology contracts in Q2 2020 saw 240 contracts announced, marking a rise of 75% over the last four-quarter average of 137, 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 213 contracts and an 88.8% share
  2. Supply & Erection: 15 contracts and a 6.3% share
  3. Power Purchase Agreement: ten contracts and a 4.2% share
  4. Consulting & Similar Services: one contract and a 0.4% share
  5. Repair, Maintenance, Upgrade & Others: one contract and a 0.4% share.

France tops Europe solar power contracts activity

France was the top country in the Europe region for solar technology contracts recorded in Q2 2020 with 196 contracts and an 81.7% share, followed by Spain with 12 contracts and a 5% share and the Netherlands with five contracts and a 2.1% share.

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Europe solar technology contracts in Q2 2020: Top issuers by capacity

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

  1. Ministere de l’Environnement, de l’Energie et de la Mer (France): 741.01MW from 126 contracts
  2. The Regulatory Authority for Energy (Greece): 349.94MW from four contracts
  3. Ministere de la transition ecologique et solidaire (France): 180.77MW capacity from 66 contracts.

Europe solar technology contracts in Q2 2020: Top winners by capacity

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

  1. Voltalia (France): 200.7MW from two contracts
  2. Iliako Velos Ena (Greece): 200MW from one contract
  3. Engie (France): 91.83MW capacity from seven 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.