Power plant contracts down 44% in July 2019

13 August 2019 (Last Updated August 13th, 2019 07:48)

Power plant contracts down 44% in July 2019

Power plant contracts in July 2019 saw 72 contracts announced, marking a drop of 44% over the last 12-month average of 129, according to GlobalData's power industry contracts database.

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

  1. Project Implementation: 60 contracts and an 83.3% share
  2. Repair, Maintenance, Upgrade & Others: six contracts and an 8.3% share
  3. Consulting & Similar Services: three contracts and a 4.2% share
  4. Power Purchase Agreement: three contracts and a 4.2% share.

Europe leads power plant activity in July 2019

Comparing contracts activity in power plant segment in different regions of the globe, Europe held the top position with 34 contracts and a share of 47.2% during July 2019, followed by North America with 15 contracts and a 20.8% share and Asia-Pacific with 15 contracts and a 20.8% share.

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Solar is leading technology for power plant contracts in July 2019

Among the technologies, solar accounted for 37 contracts with a 51.4% share, followed by wind with 18 contracts and a 25% share and thermal with ten contracts and a 13.9% share.

Power plant contracts in July 2019: Top companies by capacity

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

  1. JERA (Japan) and JXTG Nippon Oil & Energy (Japan): 2,340MW from one contract
  2. EDF Renewables North America (United States): 514MW from two contracts
  3. Plambeck Emirates: 500MW capacity from one contract.

Power plant contracts in July 2019: Top winners by capacity

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

  1. Toshiba Energy Systems & Solutions (Japan) and Toshiba Plant Systems & Services (Japan): 2,340MW from one contract
  2. China Machinery Engineering (China): 530MW from two contracts
  3. Infrastructure and Energy Alternatives (United States): 514MW 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.