Middle East and Africa Solar technology contracts activity drops 10% in Q4 2019

17 February 2020 (Last Updated February 17th, 2020 06:45)

Middle East and Africa Solar technology contracts activity drops 10% in Q4 2019

Middle East and Africa solar technology contracts in Q4 2019 saw 27 contracts announced, marking a drop of 10% over the last four-quarter average of 30, 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 13 contracts and a 48.1% share
  2. Power Purchase Agreement: six contracts and a 22.2% share
  3. Supply & Erection: four contracts and a 14.8% share
  4. Repair, Maintenance, Upgrade & Others: three contracts and an 11.1% share
  5. Consulting & Similar Services: one contract and a 3.7% share.

The United Arab Emirates tops Middle East and Africa solar power contracts activity

The United Arab Emirates was the top country in the Middle East and Africa region for solar technology contracts recorded in Q4 2019 with four contracts and a 14.8% share, followed by Jordan with three contracts and an 11.1% share and Burkina Faso with three contracts and an 11.1% share.

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Middle East and Africa solar technology contracts in Q4 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. Dubai Electricity and Water Authority (United Arab Emirates): 900MW from one contract
  2. Egyptian Electricity Transmission (Egypt): 400MW from two contracts
  3. Compagnie Energie Electrique du Togo (Togo): 50MW capacity from one contract.

Middle East and Africa solar technology contracts in Q4 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. China Gezhouba Group International Engineering (China): 1,000MW from one contract
  2. ACWA Holding (Saudi Arabia) and Gulf Investment (Kuwait): 900MW from one contract
  3. AMEA Power (United Arab Emirates): 250MW capacity from two contracts.

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.