SIPA Powertech
Power Plant Consultancy Services
Smart grid contracts in August 2020 saw 21 contracts announced, marking a rise of 17% over the last 12-month average of 18, 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:
Comparing contracts activity in smart grid segment in different regions of the globe, Europe held the top position with eight contracts and a share of 38.1% during August 2020, followed by Asia-Pacific with seven contracts and a 33.3% share and North America with five contracts and a 23.8% share.
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Among the technologies, wind accounted for four contracts with a 44.4% share, followed by hydro with two contracts and a 22.2% share and solar with two contracts and a 22.2% share.
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.
GlobalData's TMT Themes 2021 Report tells you everything you need to know about disruptive tech themes and which companies are best placed to help you digitally transform your business.
Find out moreMore in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s Power database.
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