North America generation equipment contracts activity up 10% in Q2 2019

3 September 2019 (Last Updated September 3rd, 2019 09:38)

North America generation equipment contracts activity up 10% in Q2 2019

There were 44 generation equipment contracts announced in the North America region in Q2 2019, marking a rise of 10% over the last 12-month average of 40, according to GlobalData's power industry contracts database.

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Electricity Procurement stood at first place when compared with other power tender categories in the North America region in Q2 2019 with 68 contracts and a 36.4% share, followed by Generation Equipment with 44 contracts and a 23.5% share and Power Plant with 41 contracts and a 21.9% share during the quarter.

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

  1. Supply & Erection: 38 contracts and an 86.4% share
  2. Repair, Maintenance, Upgrade & Others: five contracts and an 11.4% share
  3. Project Implementation: one contract and a 2.3% share.

Wind is top technology for North America generation equipment contracts in Q2 2019

Looking at generation equipment contracts by the type of technology in the North America region, wind accounted for 21 contracts with a 47.7% share, followed by thermal with 13 contracts and a 29.5% share and solar with five contracts and an 11.4% 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.