Europe T&D equipment contracts activity up 35% in August 2020

30 September 2020 (Last Updated September 30th, 2020 14:19)

Europe T&D equipment contracts activity up 35% in August 2020

There were 31 T&D equipment contracts announced in the Europe region in August 2020, marking a rise of 35% over the last 12-month average of 23, 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.

Power Plant stood at first place when compared with other power tender categories in the Europe region in August 2020 with 109 contracts and a 53.4% share, followed by Generation Equipment with 35 contracts and a 17.2% share and T&D Equipment with 31 contracts and a 15.2% share during the month.

The proportion of contracts by category tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 24 contracts and a 77.4% share
  2. Repair, Maintenance, Upgrade & Others: five contracts and a 16.1% share
  3. Project Implementation: two contracts and a 6.5% share.

Wind is top technology for Europe T&D equipment contracts in August 2020

Looking at T&D equipment contracts by the type of technology in the Europe region, wind accounted for two contracts with a 50% share, followed by hydro with one contract and a 25% share and solar with one contract and a 25% share.

  • Embed this chart

    Embed this chart into your website

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

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.