Global power industry contracts in November 2019: Wind technology up 12%

19 December 2019 (Last Updated December 19th, 2019 06:03)

Global power industry contracts in November 2019: Wind technology up 12%

Wind technology contracts activity in November 2019 saw 86 contracts announced, marking a rise of 12% over the last 12-month average of 77, according to GlobalData’s power industry contracts database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Onshore was the top category in wind technology in terms of number of contracts for the month, accounting for 61 contracts and a 69.3% share, followed by Offshore with 27 contracts and a 30.7% share.


  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Looking at global power contracts activity divided by the type of technology, wind held the top position in terms of number of contracts during November 2019 with a 36.6% share.

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

  1. Supply & Erection: 41 contracts and a 47.7% share
  2. Project Implementation: 25 contracts and a 29.1% share
  3. Power Purchase Agreement: 11 contracts and a 12.8% share
  4. Consulting & Similar Services: seven contracts and an 8.1% share
  5. Repair, Maintenance, Upgrade & Others: two contracts and a 2.3% share.

Europe leads wind contracts activity in November 2019

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 29 contracts and a share of 33.7% during November 2019, followed by Asia-Pacific with 27 contracts and a 31.4% share and North America with 17 contracts and a 19.8% share.

In fourth place was South and Central America with ten contracts and an 11.6% share and in fifth place was Middle East and Africa with three contracts and a 3.5% share.

Wind technology contracts in November 2019: Top companies by capacity

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

  1. China Huaneng Group (China): 715MW from one contract
  2. Alternative Energy Development Board, Pakistan (Pakistan): 560MW from 11 contracts
  3. Mainstream Renewable Power Chile (Chile): 426MW capacity from three contracts.

Wind technology contracts in November 2019: Top winners by capacity

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

  1. GE Renewable Energy (France): 715MW from one contract
  2. China Energy Engineering Group Guangdong Power Engineering (China): 324.8MW from one contract
  3. M. A. Mortenson (United States): 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.