South and Central America generation equipment contracts activity up 69% in Q4 2019

29 February 2020 (Last Updated February 21st, 2020 08:11)

South and Central America generation equipment contracts activity up 69% in Q4 2019

There were 22 generation equipment contracts announced in the South and Central America region in Q4 2019, marking a rise of 69% over the last 12-month average of 13, according to GlobalData’s power industry contracts database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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 as follows:

  1. Supply & Erection: 16 contracts and a 72.7% share
  2. Repair, Maintenance, Upgrade & Others: five contracts and a 22.7% share
  3. Project Implementation: one contract and a 4.5% share.

Wind is top technology for South and Central America generation equipment contracts in Q4 2019

Looking at generation equipment contracts by the type of technology in the South and Central America region, wind accounted for eight contracts with a 36.4% share, followed by solar with six contracts and a 27.3% share and thermal with five contracts and a 22.7% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

South and Central America generation equipment contracts in Q4 2019: Top companies by capacity

The top issuer of generation equipment contracts for the quarter in terms of power capacity involved in South and Central America was:Barbados Light & Power (Barbados) with 33MW from one contract.

South and Central America generation equipment contracts in Q4 2019: Top winners by capacity

The top winner of contracts for the quarter in terms of power capacity involved in South and Central America was:Wartsila (Finland) with 33MW 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.