North America generation equipment contracts activity up 53% in December 2020

8 January 2021 (Last Updated January 8th, 2021 11:32)

North America generation equipment contracts activity up 53% in December 2020

There were 26 generation equipment contracts announced in the North America region in December 2020, marking a rise of 53% over the last 12-month average of 17, according to GlobalData’s power industry contracts database.

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Generation Equipment stood at first place when compared with other power tender categories in the North America region in December 2020 with 26 contracts and a 37.1% share, followed by Electricity Procurement with 21 contracts and a 30% share and Energy Storage with eight contracts and an 11.4% share during the month.

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

  1. Supply & Erection: 23 contracts and an 88.5% share
  2. Repair, Maintenance, Upgrade & Others: three contracts and an 11.5% share.

Wind is top technology for North America generation equipment contracts in December 2020

Looking at generation equipment contracts by the type of technology in the North America region, wind accounted for 13 contracts with a 50% share, followed by thermal with six contracts and a 23.1% share and solar with five contracts and a 19.2% share.

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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.