North America Solar technology contracts activity drops 26% in Q3 2019

18 October 2019 (Last Updated October 18th, 2019 10:36)

North America Solar technology contracts activity drops 26% in Q3 2019

North America solar technology contracts in Q3 2019 saw 54 contracts announced, marking a drop of 26% over the last four-quarter average of 73, 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 quarter was as follows:

  1. Power Purchase Agreement with 31 contracts and a 57.4% share
  2. Project Implementation: ten contracts and an 18.5% share
  3. Supply & Erection: ten contracts and an 18.5% share
  4. Electricity Supply: two contracts and a 3.7% share
  5. Consulting & Similar Services: one contract and a 1.9% 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 Q3 2019 with 48 contracts and an 88.9% share, followed by Mexico with five contracts and a 9.3% share and Canada with one contract and a 1.9% 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 Q3 2019: Top companies by capacity

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

  1. AT&T (United States): 800MW from one contract
  2. Los Angeles Department of Water and Power (United States): 375MW from one contract
  3. Clean Power Alliance (United States): 273MW capacity from two contracts.

North America solar technology contracts in Q3 2019: Top winners by capacity

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

  1. Invenergy (United States): 800MW from one contract
  2. 8minute Solar Energy (United States): 400MW from two contracts
  3. Lightsource BP Renewable Energy Investments (United Kingdom): 275MW capacity from two contracts.

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.