Power plant contracts down 10% in June 2020

28 July 2020 (Last Updated July 29th, 2020 14:43)

Power plant contracts down 10% in June 2020

Power plant contracts in June 2020 saw 132 contracts announced, marking a drop of 10% over the last 12-month average of 147, 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: 109 contracts and an 82.6% share
  2. Consulting & Similar Services: 17 contracts and a 12.9% share
  3. Power Purchase Agreement: three contracts and a 2.3% share
  4. Repair, Maintenance, Upgrade & Others: three contracts and a 2.3% share.

Europe leads power plant activity in June 2020

Comparing contracts activity in power plant segment in different regions of the globe, Europe held the top position with 76 contracts and a share of 57.6% during June 2020, followed by Asia-Pacific with 28 contracts and a 21.2% share and North America with 20 contracts and a 15.2% share.

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Solar is leading technology for power plant contracts in June 2020

Among the technologies, solar accounted for 95 contracts with a 72% share, followed by wind with 19 contracts and a 14.4% share and nuclear with seven contracts and a 5.3% share.

Power plant contracts in June 2020: Top issuers by capacity

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

  1. Solar Energy Corporation of India (India): 10,000MW from eight contracts
  2. Ministry of Energy of the Republic of Uzbekistan (Uzbekistan): 1,500MW from one contract
  3. Akita Yurihonjo Offshore Wind GK (Japan): 700MW capacity from one contract.

Power plant contracts in June 2020: Top winners by capacity

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

  1. Adani Green Energy (India): 8,000MW from one contract
  2. MAPNA Group (Iran): 984MW from two contracts
  3. Kajima (Japan): 700MW 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.