South and Central America electricity procurement contracts activity up 75% in Q4 2019
There were 21 electricity procurement contracts announced in the South and Central America region in Q4 2019, marking a rise of 75% over the last 12-month average of 12, according to GlobalData’s power industry contracts database.
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Power Plant stood at first place when compared with other power tender categories in the South and Central America region in Q4 2019 with 104 contracts and a 66.7% share, followed by Generation Equipment with 22 contracts and a 14.1% share and Electricity Procurement with 21 contracts and a 13.5% share during the quarter.
The proportion of contracts by category tracked by GlobalData in the quarter was:Power Purchase Agreement with 21 contracts and a 100% share.
Wind is top technology for South and Central America electricity procurement contracts in Q4 2019
Looking at electricity procurement contracts by the type of technology in the South and Central America region, wind accounted for 14 contracts with a 60.9% share, followed by solar with eight contracts and a 34.8% share and hydro with one contract and a 4.3% share.
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South and Central America electricity procurement contracts in Q4 2019: Top companies by capacity
The top issuers of electricity procurement contracts for the quarter in terms of power capacity involved in South and Central America were:
- Administracion Nacional de Usinas y Trasmisiones Electricas (Uruguay): 50MW from one contract
- Plaza Mayor Medellin: 0.36MW from one contract.
South and Central America electricity procurement contracts in Q4 2019: Top winners by capacity
The top winners of contracts for the quarter in terms of power capacity involved in South and Central America were:
- EDP Renovaveis Brasil (Brazil): 96MW from one contract
- Voltalia (France): 90MW from one contract
- Empresas Publicas De Medellin (Colombia): 0.36MW 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.