North America Solar technology contracts activity drops 33% in August 2020

6 October 2020 (Last Updated October 6th, 2020 03:34)

North America Solar technology contracts activity drops 33% in August 2020

North America solar technology contracts in August 2020 saw 22 contracts announced, marking a drop of 33% over the last 12-month average of 33, according to GlobalData’s power industry contracts database.

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

  1. Power Purchase Agreement with 12 contracts and a 54.5% share
  2. Supply & Erection: five contracts and a 22.7% share
  3. Project Implementation: three contracts and a 13.6% share
  4. Electricity Supply: two contracts and a 9.1% share.

The US tops North America solar power contracts activity

The US was the top country in the North America region for solar technology contracts recorded in August 2020 with 20 contracts and a 90.9% share, followed by Canada with two contracts and a 9.1% share.

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North America solar technology contracts in August 2020: Top issuers by capacity

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

  1. Facebook (United States): 305MW from two contracts
  2. Lightsource BP Renewable Energy Investments (United Kingdom): 300MW from one contract
  3. Verizon Communications (United States): 296MW capacity from one contract.

North America solar technology contracts in August 2020: Top winners by capacity

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

  1. McCarthy Building Companies (United States): 300MW from one contract
  2. First Solar (United States): 296MW from one contract
  3. Rocky Mountain Power (United States): 235MW 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.