North America Solar technology contracts activity drops 8% in September 2020

20 October 2020 (Last Updated October 20th, 2020 04:36)

North America Solar technology contracts activity drops 8% in September 2020
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North America solar technology contracts in September 2020 saw 33 contracts announced, marking a drop of 8% over the last 12-month average of 36, 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 17 contracts and a 51.5% share
  2. Project Implementation: eight contracts and a 24.2% share
  3. Supply & Erection: five contracts and a 15.2% share
  4. Electricity Supply: three contracts and a 9.1% 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 September 2020 with 33 contracts and a 100% share.

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

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

  1. Clean Power Alliance (United States): 364.9MW from two contracts
  2. General Motors (United States): 180MW from one contract
  3. Rocky Mountain Power (United States): 155MW capacity from two contracts.

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

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

  1. 8minute Solar Energy L (United States): 300MW from one contract
  2. DE Shaw Renewable Investments L (United States): 205MW from three contracts
  3. First Solar (United States): 180MW 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.