North America Solar technology contracts activity rises 14% in Q2 2019

27 August 2019 (Last Updated August 27th, 2019 07:00)

North America Solar technology contracts activity rises 14% in Q2 2019

North America solar technology contracts in Q2 2019 saw 84 contracts announced, marking a rise of 14% over the last four-quarter average of 74, 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 quarter was as follows:

  1. Power Purchase Agreement with 38 contracts and a 45.2% share
  2. Project Implementation: 31 contracts and a 36.9% share
  3. Supply & Erection: ten contracts and an 11.9% share
  4. Electricity Supply: three contracts and a 3.6% share
  5. Consulting & Similar Services: one contract and a 1.2% share
  6. Repair, Maintenance, Upgrade & Others: one contract and a 1.2% 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 Q2 2019 with 78 contracts and a 92.9% share, followed by Mexico with four contracts and a 4.8% share and Canada with two contracts and a 2.4% share.

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North America solar technology contracts in Q2 2019: Top companies by capacity

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

  1. NV Energy (United States): 475MW from one contract
  2. Ball (United States): 388MW from one contract
  3. Longroad Energy Holdings (United States): 379MW capacity from one contract.

North America solar technology contracts in Q2 2019: Top winners by capacity

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

  1. 8minute Solar Energy (United States): 475MW from one contract
  2. Duke Energy Renewables (United States): 388MW from one contract
  3. Swinerton Renewable Energy (United States): 379MW 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.