Global power industry contracts in Q2 2020: Wind technology up 12%

22 August 2020 (Last Updated August 17th, 2020 12:36)

Global power industry contracts in Q2 2020: Wind technology up 12%

Wind technology contracts activity in Q2 2020 saw 284 contracts announced, marking a rise of 12% over the last four-quarter average of 253, 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 quarter, accounting for 200 contracts and a 69.9% share, followed by Offshore with 86 contracts and a 30.1% 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 Q2 2020 with a 29.2% share.

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

  1. Supply & Erection: 116 contracts and a 40.8% share
  2. Project Implementation: 78 contracts and a 27.5% share
  3. Power Purchase Agreement: 42 contracts and a 14.8% share
  4. Consulting & Similar Services: 33 contracts and an 11.6% share
  5. Repair, Maintenance, Upgrade & Others: 12 contracts and a 4.2% share
  6. Electricity Supply: three contracts and a 1.1% share.

Europe leads wind contracts activity in Q2 2020

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 154 contracts and a share of 54.2% during Q2 2020, followed by Asia-Pacific with 64 contracts and a 22.5% share and North America with 43 contracts and a 15.1% share.

In fourth place was South and Central America with 18 contracts and a 6.3% share and in fifth place was Middle East and Africa with five contracts and a 1.8% share.

Wind technology contracts in Q2 2020: Top issuers by capacity

The top issuers of contracts in Wind technology for the quarter 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. Akita Yurihonjo Offshore Wind GK (Japan): 700MW from one contract
  3. ENGIE North America (United States): 548.2MW capacity from two contracts.

Wind technology contracts in Q2 2020: Top winners by capacity

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

  1. Kajima (Japan): 840MW from two contracts
  2. M. A. Mortenson (United States): 790.2MW from three contracts
  3. Abu Dhabi Future Energy (United Arab Emirates): 500MW 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.