Middle East and Africa power industry contracts in May 2021: Total volume change revealed
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Power industry contracts in Middle East and Africa for May 2021 down 13%

10 Jun 2021 (Last Updated June 10th, 2021 05:36)

Power industry contracts in Middle East and Africa for May 2021 down 13%
Oil and gas companies are making moves into the UK energy market.

Middle East and Africa power industry contracts activity in May 2021 saw 26 contracts announced, marking a drop of 13% over the last 12-month average of 30, according to GlobalData’s power database.

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Middle East and Africa power industry contracts in May 2021: The United Arab Emirates leads activity

Looking at contracts by country, the United Arab Emirates led the activity in May 2021 with four contracts and a share of 15.4%, up 4.3% over the previous month and up 100% when compared with the last 12 month-average, followed by Egypt with three contracts and a share of 11.5% and Iran with three contracts and a share of 11.5% during the month.

Looking at the last 12-month average, Saudi Arabia held the top spot with five contracts, followed by the United Arab Emirates with two and Egypt with two contracts.

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Solar is top technology area for contracts in May 2021

Looking at contracts divided by the type of technology, solar accounted for the largest proportion with ten contracts and a 52.6% share, followed by thermal with five contracts and a 26.3% share and hydro with two contracts and a 10.5% share.

Looking at power industry contracts divided by segment in Middle East and Africa as tracked by GlobalData, Generation Equipment was the most popular segment in May 2021, with nine contracts, followed by Power Plant (6) and T&D Equipment (6).

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

  1. Supply & Erection: ten contracts and a 38.5% share
  2. Project Implementation: eight contracts and a 30.8% share
  3. Consulting & Similar Services: three contracts and an 11.5% share
  4. Power Purchase Agreement: three contracts and an 11.5% share
  5. Repair, Maintenance, Upgrade & Others: two contracts and a 7.7% share.

Power contracts in May 2021: Top issuers by capacity

The top issuers of contracts for the month in terms of power capacity involved in Middle East and Africa were:

  1. Centamin: 72MW from two contracts
  2. Avior Energy Ghana (Ghana): 70MW from one contract
  3. Electricite De Guinee (Guinea): 40MW capacity from one contract.

Power contracts in May 2021: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in Middle East and Africa were:

  1. China Gezhouba Group (China): 70MW from one contract
  2. InfraCo Africa (United Kingdom) and Solveo Energie (France): 40MW from one contract
  3. juwi (Germany) and Giza Systems (Egypt): 36MW 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.