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Contracts Analysis

Middle East and Africa Solar technology contracts activity rises 3% in Q4 2020

13 January 2021 (Last Updated January 13th, 2021 09:29)

Middle East and Africa Solar technology contracts activity rises 3% in Q4 2020

Middle East and Africa solar technology contracts in Q4 2020 saw 33 contracts announced, marking a rise of 3% over the last four-quarter average of 32, 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 15 contracts and a 45.5% share
  2. Power Purchase Agreement: ten contracts and a 30.3% share
  3. Supply & Erection: six contracts and an 18.2% share
  4. Repair, Maintenance, Upgrade & Others: two contracts and a 6.1% 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 2020 with five contracts and a 15.2% share, followed by Zimbabwe with three contracts and a 9.1% share and South Africa with three contracts and a 9.1% share.

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Middle East and Africa solar technology contracts in Q4 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. The Red Sea Development: 210MW from one contract
  2. ACWA Power International (Saudi Arabia): 200MW from one contract
  3. Societe Nationale d’Electricite du Tchad (Chad): 100MW capacity from one contract.

Middle East and Africa solar technology contracts in Q4 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): 210MW from one contract
  2. Sterling and Wilson Solar (India): 200MW from one contract
  3. Merl Solar Technologies (Austria): 100MW 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.

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