South and Central America Solar technology contracts activity rises 68% in Q4 2019

22 February 2020 (Last Updated February 18th, 2020 06:31)

South and Central America Solar technology contracts activity rises 68% in Q4 2019

South and Central America solar technology contracts in Q4 2019 saw 32 contracts announced, marking a rise of 68% over the last four-quarter average of 19, 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 15 contracts and a 46.9% share
  2. Supply & Erection: eight contracts and a 25% share
  3. Power Purchase Agreement: eight contracts and a 25% share
  4. Consulting & Similar Services: one contract and a 3.1% share.

Brazil tops South and Central America solar power contracts activity

Brazil was the top country in the South and Central America region for solar technology contracts recorded in Q4 2019 with 13 contracts and a 40.6% share, followed by Chile with 11 contracts and a 34.4% share and Colombia with five contracts and a 15.6% share.

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South and Central America solar technology contracts in Q4 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. Agencia Nacional de Energia Eletrica, Brazil (Brazil): 530MW from 11 contracts
  2. Engie Energia Chile (Chile): 259MW from one contract
  3. Mainstream Renewable Power Chile (Chile): 145MW capacity from one contract.

South and Central America solar technology contracts in Q4 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. Powertis (Spain): 300MW from four contracts
  2. Global Energy Services Siemsa (Spain): 259MW from one contract
  3. Engady Solar Energia SPE (Brazil): 225MW capacity from three contracts.

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.