Generation equipment contracts down 11% in September 2019

21 October 2019 (Last Updated October 21st, 2019 12:42)

Generation equipment contracts down 11% in September 2019
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Generation equipment contracts in September 2019 saw 67 contracts announced, marking a drop of 11% over the last 12-month average of 75, 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: 50 contracts and a 74.6% share
  2. Repair, Maintenance, Upgrade & Others: 11 contracts and a 16.4% share
  3. Project Implementation: six contracts and a 9% share.

Europe leads generation equipment activity in September 2019

Comparing contracts activity in generation equipment segment in different regions of the globe, Europe held the top position with 31 contracts and a share of 46.3% during September 2019, followed by North America with 19 contracts and a 28.4% share and Asia-Pacific with 11 contracts and a 16.4% share.

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Wind is leading technology for generation equipment contracts in September 2019

Among the technologies, wind accounted for 32 contracts with a 47.8% share, followed by thermal with 20 contracts and a 29.9% share and solar with ten contracts and a 14.9% share.

Generation equipment contracts in September 2019: Top companies by capacity

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

  1. Ministry of Electricity, Iraq (Iraq): 1,600MW from one contract
  2. La Compagnie Electrique de Bretagne: 446MW from one contract
  3. Evonik Industries (Germany): 180MW capacity from one contract.

Generation equipment contracts in September 2019: Top winners by capacity

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

  1. Siemens (Germany): 2,834MW from four contracts
  2. Orascom Construction (United Arab Emirates): 1,600MW 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.