T&D equipment contracts down 33% in November 2020

16 December 2020 (Last Updated December 16th, 2020 03:39)

T&D equipment contracts down 33% in November 2020

T&D equipment contracts in November 2020 saw 30 contracts announced, marking a drop of 33% over the last 12-month average of 45, 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 contracts by category tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 25 contracts and an 83.3% share
  2. Repair, Maintenance, Upgrade & Others: three contracts and a 10% share
  3. Project Implementation: two contracts and a 6.7% share.

Europe leads T&D equipment activity in November 2020

Comparing contracts activity in T&D equipment segment in different regions of the globe, Europe held the top position with 22 contracts and a share of 73.3% during November 2020, followed by Asia-Pacific with four contracts and a 13.3% share and South and Central America with three contracts and a 10% share.

  • Embed this chart

    Embed this chart into your website

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

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

Among the technologies, wind accounted for nine contracts with a 75% share, followed by hydro with two contracts and a 16.7% share and solar with one contract and an 8.3% 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.