North America generation equipment contracts activity up 10% in Q3 2019

18 November 2019 (Last Updated November 18th, 2019 12:01)

North America generation equipment contracts activity up 10% in Q3 2019

There were 44 generation equipment contracts announced in the North America region in Q3 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 Q3 2019 with 52 contracts and a 34% share, followed by Generation Equipment with 44 contracts and a 28.8% share and Power Plant with 33 contracts and a 21.6% share during the quarter.

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

  1. Supply & Erection: 34 contracts and a 77.3% share
  2. Repair, Maintenance, Upgrade & Others: eight contracts and an 18.2% share
  3. Project Implementation: two contracts and a 4.5% share.

Wind is top technology for North America generation equipment contracts in Q3 2019

Looking at generation equipment contracts by the type of technology in the North America region, wind accounted for 19 contracts with a 43.2% share, followed by thermal with 11 contracts and a 25% share and solar with nine contracts and a 20.5% share.

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North America generation equipment contracts in Q3 2019: Top companies by capacity

The top issuer of generation equipment contracts for the quarter in terms of power capacity involved in North America was:Public Service Company of New Mexico with 280MW from one contract.

North America generation equipment contracts in Q3 2019: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved in North America were:

  1. Siemens (Germany): 608MW from one contract
  2. ProEnergy Services (United States): 280MW 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.