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Europe T&D project contracts activity remain flat in Q4 2020

21 Jan 2021 (Last Updated January 21st, 2021 05:24)

Europe T&D project contracts activity remain flat in Q4 2020

There were 30 T&D project contracts announced in the Europe region in Q4 2020, marking a flat growth over the last four-quarter average of 30, according to GlobalData’s power industry contracts database.

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Generation Equipment stood at first place when compared with other power tender categories in the Europe region in Q4 2020 with 125 contracts and a 29.1% share, followed by T&D Equipment with 85 contracts and a 19.8% share and Power Plant with 77 contracts and a 17.9% share during the quarter.

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

  1. Project Implementation: 18 contracts and a 60% share
  2. Repair, Maintenance, Upgrade & Others: six contracts and a 20% share
  3. Consulting & Similar Services: six contracts and a 20% share.

Wind is top technology for Europe T&D project contracts in Q4 2020

Looking at T&D project contracts by the type of technology in the Europe region, wind accounted for 11 contracts with a 100% share.

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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.