Generation equipment contracts down 12% in July 2019

18 August 2019 (Last Updated August 16th, 2019 10:34)

Generation equipment contracts down 12% in July 2019

Generation equipment contracts in July 2019 saw 69 contracts announced, marking a drop of 12% over the last 12-month average of 78, according to GlobalData's power industry contracts database.

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

  1. Supply & Erection: 55 contracts and a 79.7% share
  2. Project Implementation: seven contracts and a 10.1% share
  3. Repair, Maintenance, Upgrade & Others: seven contracts and a 10.1% share.

Asia-Pacific leads generation equipment activity in July 2019

Comparing contracts activity in generation equipment segment in different regions of the globe, Asia-Pacific held the top position with 28 contracts and a share of 40.6% during July 2019, followed by Europe with 17 contracts and a 24.6% share and North America with 13 contracts and an 18.8% share.

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Thermal is leading technology for generation equipment contracts in July 2019

Among the technologies, thermal accounted for 20 contracts with a 29% share, followed by wind with 19 contracts and a 27.5% share and solar with 15 contracts and a 21.7% share.

Generation equipment contracts in July 2019: Top companies by capacity

The top issuers of generation equipment contracts for the month in terms of power capacity involved were:

  1. JERA (Japan) and JXTG Nippon Oil & Energy (Japan): 2,340MW from one contract
  2. Abu Dhabi Future Energy (United Arab Emirates) and EDF Renewables (United States): 415.8MW from one contract
  3. Volkswagen Kraftwerk (Germany): 288MW capacity from one contract.

Generation equipment contracts in July 2019: Top winners by capacity

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

  1. Toshiba Energy Systems & Solutions (Japan) and Toshiba Plant Systems & Services (Japan): 2,340MW from one contract
  2. Vestas Mediterranean (Spain): 415.8MW from one contract
  3. Mitsubishi Hitachi Power Systems Europe (Germany): 288MW 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.