North America Solar technology contracts activity remain flat in January 2020

25 February 2020 (Last Updated February 25th, 2020 06:41)

North America Solar technology contracts activity remain flat in January 2020
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North America solar technology contracts in January 2020 saw 25 contracts announced, marking a flat growth over the last 12-month average of 25, 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 11 contracts and a 44% share
  2. Project Implementation: eight contracts and a 32% share
  3. Electricity Supply: four contracts and a 16% share
  4. Supply & Erection: two contracts and an 8% 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 January 2020 with 24 contracts and a 96% share, followed by Mexico with one contract and a 4% share.

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North America solar technology contracts in January 2020: Top companies by capacity

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

  1. Tri-State Generation and Transmission Association (United States): 615MW from five contracts
  2. Amazon.com (United States): 81.96MW from one contract
  3. Toyota Motor Manufacturing Kentucky,: 50MW capacity from one contract.

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

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

  1. China Gezhouba Group International Engineering (China): 1,000MW from one contract
  2. Juwi (United States): 415MW from four contracts
  3. TurningPoint Energy (United States): 200MW 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.