Europe T&D equipment contracts activity up 187% in June 2020

There were 43 T&D equipment contracts announced in the Europe region in June 2020, marking a rise of 187% over the last 12-month average of 15, according to GlobalData’s power industry contracts database.

Power Plant stood at first place when compared with other power tender categories in the Europe region in June 2020 with 76 contracts and a 39.4% share, followed by T&D Equipment with 43 contracts and a 22.3% share and Generation Equipment with 36 contracts and an 18.7% share during the month.

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

1. Supply & Erection: 41 contracts and a 95.3% share
2. Repair, Maintenance, Upgrade & Others: two contracts and a 4.7% share.

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

Looking at T&D equipment contracts by the type of technology in the Europe region, wind accounted for three contracts with a 50% share, followed by solar with two contracts and a 33.3% share and biopower with one contract and a 16.7% share.

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.