North America power plant contracts activity up 5% in June 2020

There were 20 power plant contracts announced in the North America region in June 2020, marking a rise of 5% over the last 12-month average of 19, according to GlobalData’s power industry contracts database.

Electricity Procurement stood at first place when compared with other power tender categories in the North America region in June 2020 with 26 contracts and a 29.9% share, followed by Power Plant with 20 contracts and a 23% share and T&D Equipment with 14 contracts and a 16.1% share during the month.

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

1. Project Implementation: 17 contracts and an 85% share
2. Consulting & Similar Services: two contracts and a 10% share
3. Power Purchase Agreement: one contract and a 5% share.

Solar is top technology for North America power plant contracts in June 2020

Looking at power plant contracts by the type of technology in the North America region, solar accounted for 16 contracts with an 80% share, followed by wind with two contracts and a 10% share and hydro with one contract and a 5% share.

North America power plant contracts in June 2020: Top issuers by capacity

The top issuers of power plant contracts for the month in terms of power capacity involved in North America were:

1. Innergex Renewable Energy (Canada): 265MW from one contract
2. Scout Clean Energy L (United States): 180MW from one contract
3. Liberty Power Corp L (United States): 113MW capacity from one contract.

North America power plant contracts in June 2020: Top winners by capacity

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

1. PCL Constructors (Canada): 285MW from two contracts
2. Sterling and Wilson Solar Solutions (United States): 194MW from one contract
3. John Wood Group (United Kingdom): 190MW capacity from two contracts.

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.