Global power industry contracts in December 2019: Wind technology down 3%

14 January 2020 (Last Updated February 13th, 2020 13:02)

Global power industry contracts in December 2019: Wind technology down 3%

Wind technology contracts activity in December 2019 saw 78 contracts announced, marking a drop of 3% over the last 12-month average of 80, according to GlobalData’s power industry contracts database.

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Onshore was the top category in wind technology in terms of number of contracts for the month, accounting for 63 contracts and an 80.8% share, followed by Offshore with 13 contracts and a 16.7% share. Onshore Repowered stood in third place with two contracts and a 2.6% share.


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Looking at global power contracts activity divided by the type of technology, wind held the second position in terms of number of contracts during December 2019 with a 39.2% share.

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

  1. Supply & Erection: 38 contracts and a 48.7% share
  2. Project Implementation: 21 contracts and a 26.9% share
  3. Power Purchase Agreement: ten contracts and a 12.8% share
  4. Repair, Maintenance, Upgrade & Others: five contracts and a 6.4% share
  5. Consulting & Similar Services: four contracts and a 5.1% share.

Europe leads wind contracts activity in December 2019

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 38 contracts and a share of 48.7% during December 2019, followed by North America with 16 contracts and a 20.5% share and Asia-Pacific with 15 contracts and a 19.2% share.

In fourth place was South and Central America with eight contracts and a 10.3% share and in fifth place was Middle East and Africa with one contract and a 1.3% share.

Wind technology contracts in December 2019: Top companies by capacity

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

  1. Connecticut Department of Energy and Environmental Protection (United States): 804MW from one contract
  2. Egyptian Electricity Transmission (Egypt): 500MW from one contract
  3. Continuum Wind Energy (India): 250MW capacity from one contract.

Wind technology contracts in December 2019: Top winners by capacity

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

  1. Vineyard Wind (United States): 804MW from one contract
  2. AMEA Power (United Arab Emirates): 500MW from one contract
  3. Inox Wind (India): 250MW 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.