North America Solar technology contracts activity rises 39% in November 2019

20 December 2019 (Last Updated December 20th, 2019 06:46)

North America Solar technology contracts activity rises 39% in November 2019

North America solar technology contracts in November 2019 saw 32 contracts announced, marking a rise of 39% over the last 12-month average of 23, 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 37.5% share
  2. Project Implementation: nine contracts and a 28.1% share
  3. Supply & Erection: eight contracts and a 25% share
  4. Repair, Maintenance, Upgrade & Others: two contracts and a 6.3% share
  5. Electricity Supply: one contract and a 3.1% 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 November 2019 with 31 contracts and a 96.9% share, followed by Mexico with one contract and a 3.1% share.

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North America solar technology contracts in November 2019: Top companies by capacity

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

  1. Salt River Project Agricultural Improvement And Power District (United States): 338MW from one contract
  2. Shell Energy North America (US) (United States): 200MW from one contract
  3. Georgia Power (United States): 195.5MW capacity from one contract.

North America solar technology contracts in November 2019: Top winners by capacity

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

  1. NextEra Energy Resources (United States): 338MW from one contract
  2. EDP Renewables North America (United States) and Innergex Renewable Energy (Canada): 200MW from one contract
  3. RWE (Germany): 195.5MW 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.