Global power industry contracts in January 2020: Wind technology down 24%

24 February 2020 (Last Updated February 24th, 2020 06:54)

Global power industry contracts in January 2020: Wind technology down 24%

Wind technology contracts activity in January 2020 saw 59 contracts announced, marking a drop of 24% over the last 12-month average of 78, 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 41 contracts and a 70.7% share, followed by Offshore with 15 contracts and a 25.9% share. Onshore Repowered stood in third place with two contracts and a 3.4% 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 January 2020 with a 29.5% share.

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

  1. Supply & Erection: 20 contracts and a 33.9% share
  2. Power Purchase Agreement: 16 contracts and a 27.1% share
  3. Project Implementation: 15 contracts and a 25.4% share
  4. Consulting & Similar Services: three contracts and a 5.1% share
  5. Electricity Supply: three contracts and a 5.1% share
  6. Repair, Maintenance, Upgrade & Others: two contracts and a 3.4% share.

Europe leads wind contracts activity in January 2020

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 37 contracts and a share of 62.7% during January 2020, followed by North America with ten contracts and a 16.9% share and Asia-Pacific with eight contracts and a 13.6% share.

In fourth place was South and Central America with three contracts and a 5.1% share and in fifth place was Middle East and Africa with one contract and a 1.7% share.

Wind technology contracts in January 2020: Top companies by capacity

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

  1. Ministry of Investments and Foreign Trade of the Republic of Uzbekistan: 400MW from one contract
  2. Evergy (United States): 283.1MW from two contracts
  3. Invenergy (United States): 250MW capacity from one contract.

Wind technology contracts in January 2020: Top winners by capacity

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

  1. Abu Dhabi Future Energy (United Arab Emirates): 400MW from one contract
  2. Infrastructure and Energy Alternatives (United States): 250MW from one contract
  3. ACWA Power International (Saudi Arabia): 240MW 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.