T&D equipment contracts up 104% in Q1 2020

8 May 2020 (Last Updated May 8th, 2020 16:03)

T&D equipment contracts up 104% in Q1 2020

T&D equipment contracts in Q1 2020 saw 108 contracts announced, marking a rise of 104% over the last four-quarter average of 53, according to GlobalData’s power industry contracts database.

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

  1. Supply & Erection: 95 contracts and an 88% share
  2. Project Implementation: eight contracts and a 7.4% share
  3. Repair, Maintenance, Upgrade & Others: five contracts and a 4.6% share.

North America leads T&D equipment activity in Q1 2020

Comparing contracts activity in T&D equipment segment in different regions of the globe, North America held the top position with 43 contracts and a share of 39.8% during Q1 2020, followed by Europe with 34 contracts and a 31.5% share and Middle East and Africa with 18 contracts and a 16.7% share.

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Wind is leading technology for T&D equipment contracts in Q1 2020

Among the technologies, wind accounted for 14 contracts with a 42.4% share, followed by solar with ten contracts and a 30.3% share and hydro with four contracts and a 12.1% share.

T&D equipment contracts in Q1 2020: Top companies by capacity

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

T&D equipment contracts in Q1 2020: Top winners by capacity

The top winner of contracts for the quarter 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.