Middle East and Africa power plant contracts activity down 45% in Q3 2019

There were 22 power plant contracts announced in the Middle East and Africa region in Q3 2019, marking a drop of 45% over the last 12-month average of 40, according to GlobalData’s power industry contracts database.

Power Plant stood at first place when compared with other power tender categories in the Middle East and Africa region in Q3 2019 with 22 contracts and a 37.3% share, followed by Generation Equipment with 12 contracts and a 20.3% share and T&D Project with 12 contracts and a 20.3% share during the quarter.

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

1. Project Implementation: 12 contracts and a 54.5% share
2. Consulting & Similar Services: seven contracts and a 31.8% share
3. Repair, Maintenance, Upgrade & Others: three contracts and a 13.6% share.

Solar is top technology for Middle East and Africa power plant contracts in Q3 2019

Looking at power plant contracts by the type of technology in the Middle East and Africa region, solar accounted for nine contracts with a 40.9% share, followed by thermal with six contracts and a 27.3% share and wind with four contracts and an 18.2% share.

Middle East and Africa power plant contracts in Q3 2019: 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. Ministry of Electricity, Iraq (Iraq): 1,600MW from one contract
2. Plambeck Emirates: 500MW from one contract
3. Abu Dhabi Future Energy (United Arab Emirates) and EDF Renewables (United States): 415.8MW capacity from one contract.

Middle East and Africa power plant contracts in Q3 2019: 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. Orascom Construction (United Arab Emirates) and Siemens (Germany): 1,600MW from one contract
2. Saipem (Italy): 500MW from one contract
3. Vestas Mediterranean (Spain): 415.8MW 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.