Middle East and Africa power plant contracts activity down 3% in Q1 2020

2 May 2020 (Last Updated April 22nd, 2020 16:06)
Middle East and Africa power plant contracts activity down 3% in Q1 2020

There were 36 power plant contracts announced in the Middle East and Africa region in Q1 2020, marking a drop of 3% over the last 12-month average of 37, according to GlobalData’s power industry contracts database.

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Power Plant stood at first place when compared with other power tender categories in the Middle East and Africa region in Q1 2020 with 36 contracts and a 33.3% share, followed by T&D Project with 29 contracts and a 26.9% share and T&D Equipment with 18 contracts and a 16.7% share during the quarter.

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

  1. Project Implementation: 29 contracts and an 80.6% share
  2. Consulting & Similar Services: five contracts and a 13.9% share
  3. Power Purchase Agreement: one contract and a 2.8% share
  4. Repair, Maintenance, Upgrade & Others: one contract and a 2.8% share.

Solar is top technology for Middle East and Africa power plant contracts in Q1 2020

Looking at power plant contracts by the type of technology in the Middle East and Africa region, solar accounted for 20 contracts with a 52.6% share, followed by thermal with nine contracts and a 23.7% share and hydro with three contracts and a 7.9% share.

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Middle East and Africa power plant contracts in Q1 2020: Top companies by capacity

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

  1. Emirates Water and Electricity (United Arab Emirates): 4,800MW from two contracts
  2. Hyunson Engineering & Construction (Algeria): 1,300MW from one contract
  3. RioZim (Zimbabwe): 700MW capacity from one contract.

Middle East and Africa power plant contracts in Q1 2020: Top winners by capacity

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

  1. Marubeni (Japan) and Samsung C&T (South Korea): 2,400MW from one contract
  2. Posco International (South Korea), Hyundai Engineering & Construction (South Korea) and Hyundai Engineering (South Korea): 1,300MW from one contract
  3. Power Construction Corporation of China (China): 700MW 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.