Generation equipment contracts up 50% in November 2019

23 December 2019 (Last Updated December 23rd, 2019 11:01)

Generation equipment contracts up 50% in November 2019

Generation equipment contracts in November 2019 saw 108 contracts announced, marking a rise of 50% over the last 12-month average of 72, 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: 89 contracts and an 82.4% share
  2. Repair, Maintenance, Upgrade & Others: 13 contracts and a 12% share
  3. Project Implementation: four contracts and a 3.7% share
  4. Consulting & Similar Services: two contracts and a 1.9% share.

Europe leads generation equipment activity in November 2019

Comparing contracts activity in generation equipment segment in different regions of the globe, Europe held the top position with 41 contracts and a share of 38% during November 2019, followed by Asia-Pacific with 38 contracts and a 35.2% share and North America with 17 contracts and a 15.7% share.

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Wind is leading technology for generation equipment contracts in November 2019

Among the technologies, wind accounted for 36 contracts with a 34% share, followed by thermal with 29 contracts and a 27.4% share and solar with 26 contracts and a 24.5% share.

Generation equipment contracts in November 2019: Top companies by capacity

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

  1. Edison (Italy): 760MW from one contract
  2. China Huaneng Group (China): 715MW from one contract
  3. Mercury NZ (New Zealand): 103MW capacity from one contract.

Generation equipment contracts in November 2019: Top winners by capacity

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

  1. Ansaldo Energia (Italy): 760MW from one contract
  2. GE Renewable Energy (France): 715MW from one contract
  3. Vestas Asia Pacific Wind Technology Pte. (Singapore): 103MW 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.