North America T&D equipment contracts activity up 9% in Q3 2020

23 October 2020 (Last Updated October 23rd, 2020 06:45)

North America T&D equipment contracts activity up 9% in Q3 2020

There were 24 T&D equipment contracts announced in the North America region in Q3 2020, marking a rise of 9% over the last 12-month average of 22, according to GlobalData’s power industry contracts database.

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Electricity Procurement stood at first place when compared with other power tender categories in the North America region in Q3 2020 with 69 contracts and a 28.3% share, followed by Generation Equipment with 63 contracts and a 25.8% share and Power Plant with 43 contracts and a 17.6% share during the quarter.

The proportion of contracts by category tracked by GlobalData in the quarter was:Supply & Erection with 24 contracts and a 100% share.

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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.