Global power industry contracts in Q1 2020: Biopower technology remain flat

Biopower technology contracts activity in Q1 2020 saw 29 contracts announced, marking a flat growth over the last four-quarter average of 29, according to GlobalData’s power industry contracts database.

Looking at global power contracts activity divided by the type of technology, biopower held the fifth position in terms of number of contracts during Q1 2020 with a 3.8% share.

The proportion of contracts by category in the Biopower technology tracked by GlobalData in the quarter was as follows:

1. Project Implementation: 14 contracts and a 48.3% share
2. Supply & Erection: 12 contracts and a 41.4% share
3. Consulting & Similar Services: one contract and a 3.4% share
4. Electricity Supply: one contract and a 3.4% share
5. Power Purchase Agreement: one contract and a 3.4% share.

Asia-Pacific leads biopower contracts activity in Q1 2020

Comparing contracts activity in biopower technology in different regions of the globe, Asia-Pacific held the top position with 15 contracts and a share of 51.7% during Q1 2020, followed by Europe with ten contracts and a 34.5% share and North America with two contracts and a 6.9% share.

In fourth place was South and Central America with one contract and a 3.4% share and in fifth place was Middle East and Africa with one contract and a 3.4% share.

Biopower technology contracts in Q1 2020: Top companies by capacity

The top issuers of contracts in Biopower technology for the quarter in terms of power capacity involved were:

1. IBS Energy: 80MW from one contract
2. Biffa (United Kingdom), Covanta Holding (United States) and Green Investment Group (United Kingdom): 42MW from one contract
3. Gentse Warmte Centrale: 19.9MW capacity from one contract.

Biopower technology contracts in Q1 2020: Top winners by capacity

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

1. SEPCO1 Electric Power Construction (China): 80MW from one contract
2. China Everbright International (Hong Kong): 57MW from four contracts
3. Hitachi Zosen Inova (Switzerland): 42MW 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.