Europe Solar technology contracts activity drops 30% in Q4 2019

17 February 2020 (Last Updated February 17th, 2020 06:43)

Europe Solar technology contracts activity drops 30% in Q4 2019

Europe solar technology contracts in Q4 2019 saw 111 contracts announced, marking a drop of 30% over the last four-quarter average of 158, 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 70 contracts and a 63.1% share
  2. Supply & Erection: 21 contracts and an 18.9% share
  3. Power Purchase Agreement: 20 contracts and an 18% share.

France tops Europe solar power contracts activity

France was the top country in the Europe region for solar technology contracts recorded in Q4 2019 with 33 contracts and a 29.7% share, followed by Greece with 27 contracts and a 24.3% share and Spain with 19 contracts and a 17.1% share.

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Europe solar technology contracts in Q4 2019: Top companies by capacity

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

  1. KGAL Investment Management GmbH & (Germany): 440MW from one contract
  2. Statkraft (Norway): 252MW from one contract
  3. Amazon Web Services (United States): 199MW capacity from two contracts.

Europe solar technology contracts in Q4 2019: Top winners by capacity

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

  1. STEAG Solar Energy Solutions (Germany): 440MW from one contract
  2. Solaria Energia y Medio Ambiente (Spain): 357MW from two contracts
  3. Encavis (Germany): 149MW capacity from one contract.

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.