South and Central America Solar technology contracts activity rises 9% in Q1 2020

6 May 2020 (Last Updated May 6th, 2020 14:21)
South and Central America Solar technology contracts activity rises 9% in Q1 2020

South and Central America solar technology contracts in Q1 2020 saw 24 contracts announced, marking a rise of 9% over the last four-quarter average of 22, according to GlobalData’s power industry contracts database.

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The proportion of solar technology contracts by category tracked by GlobalData in the quarter was as follows:

  1. Project Implementation with ten contracts and a 41.7% share
  2. Power Purchase Agreement: seven contracts and a 29.2% share
  3. Supply & Erection: five contracts and a 20.8% share
  4. Consulting & Similar Services: one contract and a 4.2% share
  5. Electricity Supply: one contract and a 4.2% share.

Chile tops South and Central America solar power contracts activity

Chile was the top country in the South and Central America region for solar technology contracts recorded in Q1 2020 with nine contracts and a 37.5% share, followed by Brazil with six contracts and a 25% share and Honduras with four contracts and a 16.7% share.

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South and Central America solar technology contracts in Q1 2020: Top companies by capacity

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

  1. Anglo American (United Kingdom): 330MW from one contract
  2. Atlas Renewable Energy (Chile): 244MW from one contract
  3. Electricity Generating Company Haina (Dominican Republic): 120MW capacity from one contract.

South and Central America solar technology contracts in Q1 2020: 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. Atlas Renewable Energy (Chile): 330MW from one contract
  2. Proyectos de Instalaciones Electricas (Spain): 244MW from one contract
  3. Elecnor (Spain): 120MW 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.