Power industry contracts in South and Central America for October 2019 up 456%

20 November 2019 (Last Updated November 20th, 2019 08:19)

Power industry contracts in South and Central America for October 2019 up 456%

South and Central America power industry contracts activity in October 2019 saw 100 contracts announced, marking a rise of 456% over the last 12-month average of 18, according to GlobalData’s power database.

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South and Central America power industry contracts in October 2019: Brazil leads activity

Looking at contracts by country, Brazil led the activity in October 2019 with 92 contracts and a share of 92%, up 77.7% over the previous month and up 1433% when compared with the last 12 month-average, followed by Chile with eight contracts and a share of 8%.

Looking at the last 12-month average, Argentina held the top spot with six contracts, followed by Brazil with six and Chile with one contract.

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Wind is top technology area for contracts in October 2019

Looking at contracts divided by the type of technology, wind accounted for the largest proportion with 50 contracts and a 48.5% share, followed by hydro with 28 contracts and a 27.2% share and solar with 16 contracts and a 15.5% share.

Looking at power industry contracts divided by segment in South and Central America as tracked by GlobalData, Power Plant was the most popular segment in October 2019, with 92 contracts, followed by Electricity Procurement (5) and Generation Equipment (3).

The proportion of contracts by category tracked by GlobalData in the month was as follows:

  1. Project Implementation: 92 contracts and a 92% share
  2. Power Purchase Agreement: five contracts and a 5% share
  3. Supply & Erection: three contracts and a 3% share.

Power contracts in October 2019: Top companies by capacity

The top issuers of contracts for the month in terms of power capacity involved in South and Central America were:

  1. Agencia Nacional de Energia Eletrica, Brazil (Brazil): 2,979.17MW from 91 contracts
  2. Engie Energia Chile (Chile): 259MW from one contract.

Power contracts in October 2019: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in South and Central America were:

  1. Statkraft Energias Renovaveis (Brazil): 375.6MW from 11 contracts
  2. Powertis (Spain): 300MW from four contracts
  3. Global Energy Services Siemsa (Spain): 259MW 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.