T&D equipment contracts up 145% in March 2020

24 April 2020 (Last Updated April 24th, 2020 14:25)

T&D equipment contracts up 145% in March 2020

T&D equipment contracts in March 2020 saw 49 contracts announced, marking a rise of 145% over the last 12-month average of 20, 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: 43 contracts and an 87.8% share
  2. Project Implementation: five contracts and a 10.2% share
  3. Repair, Maintenance, Upgrade & Others: one contract and a 2% share.

Europe leads T&D equipment activity in March 2020

Comparing contracts activity in T&D equipment segment in different regions of the globe, Europe held the top position with 14 contracts and a share of 28.6% during March 2020, followed by Middle East and Africa with 14 contracts and a 28.6% share and North America with 14 contracts and a 28.6% share.

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

Among the technologies, wind accounted for seven contracts with a 50% share, followed by solar with five contracts and a 35.7% share and thermal with two contracts and a 14.3% share.

T&D equipment contracts in March 2020: Top companies by capacity

The top issuer of T&D equipment contracts for the month in terms of power capacity involved was:Iren Energia (Italy) with 430MW from one contract.

T&D equipment contracts in March 2020: Top winners by capacity

The top winner of contracts for the month in terms of power capacity involved was:Ansaldo Energia (Italy) with 430MW 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.