Europe T&D equipment contracts activity up 115% in July 2020

24 August 2020 (Last Updated August 24th, 2020 15:44)

Europe T&D equipment contracts activity up 115% in July 2020

There were 43 T&D equipment contracts announced in the Europe region in July 2020, marking a rise of 115% over the last 12-month average of 20, 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.

T&D Equipment stood at first place when compared with other power tender categories in the Europe region in July 2020 with 43 contracts and a 26.7% share, followed by Power Plant with 34 contracts and a 21.1% share and Generation Equipment with 32 contracts and a 19.9% share during the month.

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

  1. Supply & Erection: 40 contracts and a 93% share
  2. Consulting & Similar Services: one contract and a 2.3% share
  3. Project Implementation: one contract and a 2.3% share
  4. Repair, Maintenance, Upgrade & Others: one contract and a 2.3% share.

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

Looking at T&D equipment contracts by the type of technology in the Europe region, wind accounted for five contracts with a 71.4% share, followed by thermal with two contracts and a 28.6% 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.