T&D equipment contracts up 77% in July 2020

21 August 2020 (Last Updated August 21st, 2020 04:59)

T&D equipment contracts up 77% in July 2020

T&D equipment contracts in July 2020 saw 62 contracts announced, marking a rise of 77% over the last 12-month average of 35, according to GlobalData’s power industry contracts database.

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The proportion of contracts by category tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 56 contracts and a 90.3% share
  2. Project Implementation: three contracts and a 4.8% share
  3. Repair, Maintenance, Upgrade & Others: two contracts and a 3.2% share
  4. Consulting & Similar Services: one contract and a 1.6% share.

Europe leads T&D equipment activity in July 2020

Comparing contracts activity in T&D equipment segment in different regions of the globe, Europe held the top position with 43 contracts and a share of 69.4% during July 2020, followed by North America with 12 contracts and a 19.4% share and Asia-Pacific with four contracts and a 6.5% share.

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Wind is leading technology for T&D equipment contracts in July 2020

Among the technologies, wind accounted for eight contracts with a 72.7% share, followed by thermal with two contracts and an 18.2% share and hydro with one contract and a 9.1% share.

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.