North America Solar technology contracts activity rises 29% in June 2020

28 July 2020 (Last Updated July 29th, 2020 14:34)

North America Solar technology contracts activity rises 29% in June 2020

North America solar technology contracts in June 2020 saw 40 contracts announced, marking a rise of 29% over the last 12-month average of 31, 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 20 contracts and a 50% share
  2. Project Implementation: 15 contracts and a 37.5% share
  3. Supply & Erection: three contracts and a 7.5% share
  4. Consulting & Similar Services: one contract and a 2.5% share
  5. Electricity Supply: one contract and a 2.5% 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 June 2020 with 40 contracts and a 100% share.

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

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

  1. Innergex Renewable Energy (Canada): 265MW from one contract
  2. Basin Electric Power Coop (United States) and The Dow Chemical (United States): 150MW from one contract
  3. Monterey Bay Community Power (United States): 120MW capacity from one contract.

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

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

  1. PCL Constructors (Canada): 285MW from two contracts
  2. 8minute Solar Energy L (United States): 200MW from two contracts
  3. Sterling and Wilson Solar Solutions (United States): 194MW 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.