Europe Solar technology contracts activity rises 34% in Q3 2019

17 October 2019 (Last Updated October 17th, 2019 13:29)

Europe Solar technology contracts activity rises 34% in Q3 2019

Europe solar technology contracts in Q3 2019 saw 182 contracts announced, marking a rise of 34% over the last four-quarter average of 136, 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 154 contracts and an 84.6% share
  2. Supply & Erection: 16 contracts and an 8.8% share
  3. Power Purchase Agreement: 11 contracts and a 6% share
  4. Consulting & Similar Services: one contract and a 0.5% share.

France tops Europe solar power contracts activity

France was the top country in the Europe region for solar technology contracts recorded in Q3 2019 with 109 contracts and a 59.9% share, followed by Portugal with 27 contracts and a 14.8% share and Greece with 18 contracts and a 9.9% share.

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Europe solar technology contracts in Q3 2019: Top companies by capacity

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

  1. Ministro do Ambiente e da Transicao Energetica (Portugal): 1,150MW from 25 contracts
  2. Ministere de l’Environnement, de l’Energie et de la Mer (France): 857.97MW from 107 contracts
  3. The Regulatory Authority for Energy (Greece): 142.89MW capacity from 18 contracts.

Europe solar technology contracts in Q3 2019: Top winners by capacity

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

  1. Akuo Energy (France): 370MW from three contracts
  2. Iberdrola (Spain): 199MW from eight contracts
  3. Urbasolar (France): 129.72MW capacity from 12 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.