South and Central America Solar technology contracts activity rises 50% in Q3 2019

18 October 2019 (Last Updated October 18th, 2019 10:33)

South and Central America Solar technology contracts activity rises 50% in Q3 2019

South and Central America solar technology contracts in Q3 2019 saw 24 contracts announced, marking a rise of 50% over the last four-quarter average of 16, 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 17 contracts and a 70.8% share
  2. Supply & Erection: four contracts and a 16.7% share
  3. Power Purchase Agreement: two contracts and an 8.3% share
  4. Electricity Supply: one contract and a 4.2% share.

Argentina tops South and Central America solar power contracts activity

Argentina was the top country in the South and Central America region for solar technology contracts recorded in Q3 2019 with 15 contracts and a 62.5% share, followed by Chile with five contracts and a 20.8% share and Brazil with two contracts and an 8.3% share.

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South and Central America solar technology contracts in Q3 2019: 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. Atacama Solar (Chile): 170.65MW from one contract
  2. Canadian Solar (Canada): 97.6MW from one contract
  3. Ministerio de Energia y Mineria (Argentina): 96.75MW capacity from 13 contracts.

South and Central America solar technology 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. Power Construction Corporation of China (China): 97.6MW from one contract
  3. Obrascon Huarte Lain (Spain): 89MW 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.