North America power plant contracts activity remain flat in Q2 2019

1 September 2019 (Last Updated August 30th, 2019 13:09)

North America power plant contracts activity remain flat in Q2 2019

There were 41 power plant contracts announced in the North America region in Q2 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 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. Project Implementation: 36 contracts and an 87.8% share
  2. Consulting & Similar Services: two contracts and a 4.9% share
  3. Power Purchase Agreement: two contracts and a 4.9% share
  4. Repair, Maintenance, Upgrade & Others: one contract and a 2.4% share.

Solar is top technology for North America power plant contracts in Q2 2019

Looking at power plant contracts by the type of technology in the North America region, solar accounted for 34 contracts with an 82.9% share, followed by wind with three contracts and a 7.3% share and thermal with two contracts and a 4.9% share.

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North America power plant contracts in Q2 2019: Top companies by capacity

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

  1. New Jersey Board of Public Utilities (United States): 1,100MW from one contract
  2. ESC Harrison County Power, (United States): 625MW from one contract
  3. NV Energy (United States): 475MW capacity from one contract.

North America power plant contracts in Q2 2019: Top winners by capacity

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

  1. Orsted US Offshore Wind (United States): 1,100MW from one contract
  2. Gemma Power Systems (United States): 625MW from one contract
  3. 8minute Solar Energy (United States): 475MW capacity 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.