Global power industry contracts in April 2020: Wind technology up 51%

Wind technology contracts activity in April 2020 saw 122 contracts announced, marking a rise of 51% over the last 12-month average of 81, according to GlobalData’s power industry contracts database.

Onshore was the top category in wind technology in terms of number of contracts for the month, accounting for 88 contracts and a 71.5% share, followed by Offshore with 35 contracts and a 28.5% share.

Looking at global power contracts activity divided by the type of technology, wind held the second position in terms of number of contracts during April 2020 with a 32.4% share.

The proportion of contracts by category in the Wind technology tracked by GlobalData in the month was as follows:

1. Project Implementation: 52 contracts and a 42.6% share
2. Supply & Erection: 41 contracts and a 33.6% share
3. Power Purchase Agreement: 14 contracts and an 11.5% share
4. Consulting & Similar Services: nine contracts and a 7.4% share
5. Repair, Maintenance, Upgrade & Others: five contracts and a 4.1% share
6. Electricity Supply: one contract and a 0.8% share.

Europe leads wind contracts activity in April 2020

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 77 contracts and a share of 63.1% during April 2020, followed by North America with 20 contracts and a 16.4% share and Asia-Pacific with 20 contracts and a 16.4% share.

In fourth place was South and Central America with five contracts and a 4.1% share.

Wind technology contracts in April 2020: Top companies by capacity

The top issuers of contracts in Wind technology for the month in terms of power capacity involved were:

1. Ministere de l’Environnement, de l’Energie et de la Mer (France): 749.5MW from 35 contracts
2. ENGIE North America (United States): 548.2MW from two contracts
3. Vattenfall (Sweden): 240MW capacity from one contract.

Wind technology contracts in April 2020: Top winners by capacity

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

1. M. A. Mortenson (United States): 548.2MW from two contracts
2. Greencoat UK Wind (United Kingdom): 240MW from one contract
3. Leeward Renewable Energy, L (United States): 170MW 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.