Generation equipment contracts up 11% in June 2020

28 July 2020 (Last Updated August 3rd, 2020 14:33)

Generation equipment contracts up 11% in June 2020

Generation equipment contracts in June 2020 saw 89 contracts announced, marking a rise of 11% over the last 12-month average of 80, 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.

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

  1. Supply & Erection: 69 contracts and a 77.5% share
  2. Repair, Maintenance, Upgrade & Others: 14 contracts and a 15.7% share
  3. Project Implementation: five contracts and a 5.6% share
  4. Consulting & Similar Services: one contract and a 1.1% share.

Europe leads generation equipment activity in June 2020

Comparing contracts activity in generation equipment segment in different regions of the globe, Europe held the top position with 36 contracts and a share of 40.4% during June 2020, followed by Asia-Pacific with 30 contracts and a 33.7% share and North America with 13 contracts and a 14.6% share.

  • Embed this chart

    Embed this chart into your website

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

Wind is leading technology for generation equipment contracts in June 2020

Among the technologies, wind accounted for 49 contracts with a 55.1% share, followed by thermal with 17 contracts and a 19.1% share and solar with 16 contracts and an 18% share.

Generation equipment contracts in June 2020: Top issuers by capacity

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

  1. Khoramabad Power Generation (Iran): 484MW from one contract
  2. Ethiopian Electric Power (Ethiopia): 100MW from one contract
  3. Evonik Industries (Germany): 90MW capacity from one contract.

Generation equipment contracts in June 2020: Top winners by capacity

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

  1. MAPNA Group (Iran): 484MW from one contract
  2. Siemens Gamesa Renewable Energy (Spain): 100MW from one contract
  3. Siemens (Germany): 90MW 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.