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North America Solar technology contracts activity drops 41% in December 2020

15 Jan 2021 (Last Updated January 15th, 2021 07:09)

North America Solar technology contracts activity drops 41% in December 2020

North America solar technology contracts in December 2020 saw 23 contracts announced, marking a drop of 41% over the last 12-month average of 39, 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 14 contracts and a 60.9% share
  2. Supply & Erection: five contracts and a 21.7% share
  3. Project Implementation: three contracts and a 13% share
  4. Electricity Supply: one contract and a 4.3% 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 December 2020 with 20 contracts and an 87% share, followed by Canada with three contracts and a 13% share.

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

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

  1. Amazon Web Services (United States): 1,210MW from two contracts
  2. Terra-Gen L (United States): 1,118MW from one contract
  3. Northern Indiana Public Service Co L (United States): 280MW capacity from one contract.

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

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

  1. Mortenson Construction (United States): 1,118MW from one contract
  2. Acciona Energia (Spain): 641MW from one contract
  3. Engie (France): 569MW 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.