North America generation equipment contracts activity remains flat in Q4 2019
There were 41 generation equipment contracts announced in the North America region in Q4 2019, marking a flat growth over the last 12-month average of 41, 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 Q4 2019 with 47 contracts and a 30.7% share, followed by Generation Equipment with 41 contracts and a 26.8% share and Power Plant with 38 contracts and a 24.8% share during the quarter.
The proportion of contracts by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 31 contracts and a 75.6% share
- Repair, Maintenance, Upgrade & Others: eight contracts and a 19.5% share
- Project Implementation: two contracts and a 4.9% share.
Solar is top technology for North America generation equipment contracts in Q4 2019
Looking at generation equipment contracts by the type of technology in the North America region, solar accounted for 14 contracts with a 34.1% share, followed by wind with 14 contracts and a 34.1% share and thermal with 11 contracts and a 26.8% share.
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North America generation equipment contracts in Q4 2019: Top companies by capacity
The top issuers of generation equipment contracts for the quarter in terms of power capacity involved in North America were:
- Elemental Energy (Canada): 25.43MW from one contract
- Contra Costa County, California: 3.7MW from one contract.
North America generation equipment contracts in Q4 2019: Top winners by capacity
The top winners of contracts for the quarter in terms of power capacity involved in North America were:
- Gp Joule Canada (Canada): 25.43MW from one contract
- SunPower (United States): 3.7MW 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.