South and Central America Solar technology contracts activity drops 8% in Q4 2020

13 January 2021 (Last Updated January 13th, 2021 09:30)

South and Central America Solar technology contracts activity drops 8% in Q4 2020
Oil and gas companies are making moves into the UK energy market.

South and Central America solar technology contracts in Q4 2020 saw 23 contracts announced, marking a drop of 8% over the last four-quarter average of 25, according to GlobalData’s power industry contracts database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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

  1. Power Purchase Agreement with eight contracts and a 34.8% share
  2. Supply & Erection: eight contracts and a 34.8% share
  3. Project Implementation: four contracts and a 17.4% share
  4. Electricity Supply: three contracts and a 13% 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 2020 with seven contracts and a 30.4% share, followed by Chile with seven contracts and a 30.4% share and Colombia with four contracts and a 17.4% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

South and Central America solar technology contracts in Q4 2020: Top issuers by capacity

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

  1. Furnas Centrais Eletricas (Brazil): 692MW from one contract
  2. BTG Pactual (Brazil): 170MW from one contract
  3. Celsia (Colombia): 72MW capacity from one contract.

South and Central America solar technology contracts in Q4 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. Canadian Solar (Canada): 862MW from two contracts
  2. China Gezhouba Group International Engineering (China): 638MW from one contract
  3. Grenergy Renovables (Spain): 72MW 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.