South and Central America power plant contracts activity up 34% in Q3 2019

11 November 2019 (Last Updated November 12th, 2019 10:35)

South and Central America power plant contracts activity up 34% in Q3 2019

There were 43 power plant contracts announced in the South and Central America region in Q3 2019, marking a rise of 34% over the last 12-month average of 32, 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 Q3 2019 with 43 contracts and a 67.2% share, followed by Electricity Procurement with nine contracts and a 14.1% share and Generation Equipment with nine contracts and a 14.1% share during the quarter.

The proportion of contracts by category tracked by GlobalData in the quarter was:Project Implementation with 43 contracts and a 100% share.

Solar is top technology for South and Central America power plant contracts in Q3 2019

Looking at power plant contracts by the type of technology in the South and Central America region, solar accounted for 17 contracts with a 39.5% share, followed by wind with ten contracts and a 23.3% share and biopower with nine contracts and a 20.9% share.

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South and Central America power plant contracts in Q3 2019: Top companies by capacity

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

  1. Ministerio de Energia y Mineria (Argentina): 259.08MW from 38 contracts
  2. Atacama Solar (Chile): 170.65MW from one contract
  3. Canadian Solar (Canada): 97.6MW capacity from one contract.

South and Central America power plant contracts in Q3 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:

  1. Metka EGN (United Kingdom): 170.65MW from one contract
  2. Elawan Energy (Spain): 116.1MW from nine contracts
  3. Power Construction Corporation of China (China): 97.6MW 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.