Promecon
Process Control Systems for the Power Industry
T&D equipment contracts in Q2 2020 saw 152 contracts announced, marking a rise of 92% over the last four-quarter average of 79, 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:
Comparing contracts activity in T&D equipment segment in different regions of the globe, Europe held the top position with 102 contracts and a share of 67.1% during Q2 2020, followed by North America with 33 contracts and a 21.7% share and Asia-Pacific with nine contracts and a 5.9% share.
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Among the technologies, wind accounted for 15 contracts with a 53.6% share, followed by solar with six contracts and a 21.4% share and hydro with five contracts and a 17.9% share.
The top issuer of T&D equipment contracts for the quarter in terms of power capacity involved was:Akita Offshore Wind Farm (Japan) with 140MW from one contract.
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Find out moreThe top winner of contracts for the quarter in terms of power capacity involved was:Kajima (Japan) and Sumitomo Electric Industries (Japan) with 140MW 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.
Process Control Systems for the Power Industry
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