North America Solar technology contracts activity drops 18% in November 2020

16 December 2020 (Last Updated December 16th, 2020 03:37)

North America Solar technology contracts activity drops 18% in November 2020

North America solar technology contracts in November 2020 saw 32 contracts announced, marking a drop of 18% 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 16 contracts and a 50% share
  2. Project Implementation: seven contracts and a 21.9% share
  3. Supply & Erection: five contracts and a 15.6% share
  4. Electricity Supply: four contracts and a 12.5% 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 November 2020 with 32 contracts and a 100% share.

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

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

  1. Nucor (United States): 250MW from one contract
  2. Tennessee Valley Authority (United States): 225MW from two contracts
  3. Recurrent Energy L (United States): 186MW capacity from one contract.

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

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

  1. Invenergy L (United States): 325MW from four contracts
  2. EDF Renewables North America (United States): 250MW from one contract
  3. Signal Energy Constructors L (United States): 186MW 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.