Global power industry contracts in Q4 2020: Biopower technology down 4%

11 January 2021 (Last Updated January 11th, 2021 04:26)

Global power industry contracts in Q4 2020: Biopower technology down 4%

Biopower technology contracts activity in Q4 2020 saw 25 contracts announced, marking a drop of 4% over the last four-quarter average of 26, according to GlobalData’s power industry contracts database.

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Looking at global power contracts activity divided by the type of technology, biopower held the sixth position in terms of number of contracts during Q4 2020 with a 3.1% share.

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

  1. Project Implementation: 11 contracts and a 44% share
  2. Supply & Erection: ten contracts and a 40% share
  3. Repair, Maintenance, Upgrade & Others: three contracts and a 12% share
  4. Power Purchase Agreement: one contract and a 4% share.

Asia-Pacific leads biopower contracts activity in Q4 2020

Comparing contracts activity in biopower technology in different regions of the globe, Asia-Pacific held the top position with 12 contracts and a share of 48% during Q4 2020, followed by Europe with 12 contracts and a 48% share and North America with one contract and a 4% share.

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Biopower technology contracts in Q4 2020: Top issuers by capacity

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

  1. PT Freeport Indonesia (Indonesia): 128MW from one contract
  2. SSE (United Kingdom) and Copenhagen Infrastructure Partners KS (Denmark): 49.9MW from one contract
  3. Ukraine Ladyzhyn Eco Generation, L: 12MW capacity from one contract.

Biopower technology contracts in Q4 2020: Top winners by capacity

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

  1. Wartsila (Finland): 128MW from one contract
  2. Hitachi Zosen Inova (Switzerland): 49.9MW from one contract
  3. China Everbright International (Hong Kong): 43MW capacity from two contracts.

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.