Middle East and Africa Solar technology contracts activity drops 23% in Q2 2020

19 August 2020 (Last Updated August 19th, 2020 15:13)
Middle East and Africa Solar technology contracts activity drops 23% in Q2 2020

Middle East and Africa solar technology contracts in Q2 2020 saw 24 contracts announced, marking a drop of 23% over the last four-quarter average of 31, 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 nine contracts and a 37.5% share
  2. Supply & Erection: five contracts and a 20.8% share
  3. Power Purchase Agreement: four contracts and a 16.7% share
  4. Consulting & Similar Services: three contracts and a 12.5% share
  5. Repair, Maintenance, Upgrade & Others: three contracts and a 12.5% share.

Oman tops Middle East and Africa solar power contracts activity

Oman was the top country in the Middle East and Africa region for solar technology contracts recorded in Q2 2020 with four contracts and a 16.7% share, followed by Jordan with three contracts and a 12.5% share and Saudi Arabia with three contracts and a 12.5% share.

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Middle East and Africa solar technology contracts in Q2 2020: Top issuers by capacity

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

  1. Dubai Electricity and Water Authority (United Arab Emirates): 900MW from one contract
  2. ZESCO (Zambia): 600MW from one contract
  3. Amin Renewable Energy (Oman): 125MW capacity from one contract.

Middle East and Africa solar technology contracts in Q2 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. ACWA Power International (Saudi Arabia): 900MW from one contract
  2. Power Construction Corporation of China (China): 600MW from one contract
  3. Sterling and Wilson Solar (India): 125MW 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.