North America Solar technology contracts activity drops 19% in July 2020

17 August 2020 (Last Updated August 17th, 2020 11:45)

North America Solar technology contracts activity drops 19% in July 2020

North America solar technology contracts in July 2020 saw 26 contracts announced, marking a drop of 19% over the last 12-month average of 32, according to GlobalData’s power industry contracts database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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

  1. Power Purchase Agreement with 13 contracts and a 50% share
  2. Project Implementation: nine contracts and a 34.6% share
  3. Electricity Supply: two contracts and a 7.7% share
  4. Repair, Maintenance, Upgrade & Others: one contract and a 3.8% share
  5. Supply & Erection: one contract and a 3.8% 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 July 2020 with 23 contracts and an 88.5% share, followed by Canada with three contracts and an 11.5% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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

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

  1. Microsoft (United States): 500MW from one contract
  2. Northern Indiana Public Service Co L (United States): 300MW from two contracts
  3. Recurrent Energy L (United States): 266MW capacity from one contract.

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

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

  1. Sol Systems L (United States): 500MW from one contract
  2. NextEra Energy Resources L (United States): 300MW from two contracts
  3. Signal Energy Constructors L (United States): 266MW 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.