Middle East and Africa Solar technology contracts activity drops 48% in Q2 2019

26 August 2019 (Last Updated August 26th, 2019 11:46)

Middle East and Africa Solar technology contracts activity drops 48% in Q2 2019
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Middle East and Africa solar technology contracts in Q2 2019 saw 33 contracts announced, marking a drop of 48% over the last four-quarter average of 63, according to GlobalData's power industry contracts database.

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

  1. Project Implementation with 18 contracts and a 54.5% share
  2. Power Purchase Agreement: eight contracts and a 24.2% share
  3. Supply & Erection: four contracts and a 12.1% share
  4. Consulting & Similar Services: three contracts and a 9.1% share.

Zambia tops Middle East and Africa solar power contracts activity

Zambia was the top country in the Middle East and Africa region for solar technology contracts recorded in Q2 2019 with five contracts and a 15.2% share, followed by Kenya with four contracts and a 12.1% share and Malawi with three contracts and a 9.1% share.

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Middle East and Africa solar technology contracts in Q2 2019: Top companies by capacity

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

  1. Abu Dhabi Future Energy (United Arab Emirates), EDF Renewables (United States), Green Of Africa (Morocco) and Moroccan Agency for Sustainable Energy (Morocco): 800MW from one contract
  2. Oman Power and Water Procurement (Oman): 500MW from one contract
  3. RioZim (Zimbabwe): 178MW capacity from one contract.

Middle East and Africa solar technology contracts in Q2 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. Abu Dhabi Future Energy (United Arab Emirates), EDF Renewables (United States), Green Of Africa (Morocco) and TSK Electronica y Electricidad (Spain): 800MW from one contract
  2. Gulf Investment (Kuwait), ACWA Power International (Saudi Arabia) and Alternative Energy Projects (Kuwait): 500MW from one contract
  3. Xago Africa (Kenya): 300MW 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.