Europe Solar technology contracts activity drops 66% in Q4 2020

13 January 2021 (Last Updated January 13th, 2021 09:29)

Europe Solar technology contracts activity drops 66% in Q4 2020

Europe solar technology contracts in Q4 2020 saw 60 contracts announced, marking a drop of 66% over the last four-quarter average of 174, according to GlobalData’s power industry contracts database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The proportion of solar technology contracts by category tracked by GlobalData in the quarter was as follows:

  1. Supply & Erection with 22 contracts and a 36.7% share
  2. Power Purchase Agreement: 20 contracts and a 33.3% share
  3. Project Implementation: 16 contracts and a 26.7% share
  4. Repair, Maintenance, Upgrade & Others: two contracts and a 3.3% share.

Spain tops Europe solar power contracts activity

Spain was the top country in the Europe region for solar technology contracts recorded in Q4 2020 with 13 contracts and a 21.7% share, followed by the UK with eight contracts and a 13.3% share and Germany with seven contracts and an 11.7% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Europe solar technology contracts in Q4 2020: Top issuers by capacity

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

  1. Elawan Energy (Spain): 250MW from one contract
  2. Hive Energy (United Kingdom): 226MW from two contracts
  3. Hellenic Petroleum (Greece): 204MW capacity from one contract.

Europe solar technology contracts in Q4 2020: Top winners by capacity

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

  1. Eiffage Energia S L U (Spain): 250MW from one contract
  2. juwi (Germany): 204MW from one contract
  3. Belectric Solar & Battery (Germany): 172MW 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.