Power plant contracts down 66% in September 2019

18 October 2019 (Last Updated October 18th, 2019 10:56)

Power plant contracts down 66% in September 2019

Power plant contracts in September 2019 saw 42 contracts announced, marking a drop of 66% over the last 12-month average of 125, 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: 30 contracts and a 71.4% share
  2. Consulting & Similar Services: nine contracts and a 21.4% share
  3. Repair, Maintenance, Upgrade & Others: three contracts and a 7.1% share.

Asia-Pacific leads power plant activity in September 2019

Comparing contracts activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 16 contracts and a share of 38.1% during September 2019, followed by Europe with ten contracts and a 23.8% share and North America with nine contracts and a 21.4% share.

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Solar is leading technology for power plant contracts in September 2019

Among the technologies, solar accounted for 17 contracts with a 40.5% share, followed by thermal with 13 contracts and a 31% share and wind with seven contracts and a 16.7% share.

Power plant contracts in September 2019: Top companies by capacity

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

  1. Ministry of Electricity, Iraq (Iraq): 1,600MW from one contract
  2. Government of Himachal Pradesh (India): 770MW from three contracts
  3. La Compagnie Electrique de Bretagne: 446MW capacity from one contract.

Power plant contracts in September 2019: Top winners by capacity

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

  1. Siemens (Germany): 2,834MW from four contracts
  2. Orascom Construction (United Arab Emirates): 1,600MW from one contract
  3. China Gezhouba Group International Engineering (China): 622.2MW capacity from three 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.