T&D project contracts up 21% in Q4 2019
T&D project contracts in Q4 2019 saw 80 contracts announced, marking a rise of 21% over the last four-quarter average of 66, 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:
- Project Implementation: 62 contracts and a 77.5% share
- Consulting & Similar Services: 11 contracts and a 13.8% share
- Repair, Maintenance, Upgrade & Others: seven contracts and an 8.8% share.
Europe leads T&D project activity in Q4 2019
Comparing contracts activity in T&D project segment in different regions of the globe, Europe held the top position with 25 contracts and a share of 31.3% during Q4 2019, followed by Middle East and Africa with 24 contracts and a 30% share and Asia-Pacific with 21 contracts and a 26.3% share.
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Wind is leading technology for T&D project contracts in Q4 2019
Among the technologies, wind accounted for 12 contracts with a 57.1% share, followed by solar with five contracts and a 23.8% share and nuclear with two contracts and a 9.5% share.
T&D project contracts in Q4 2019: Top companies by capacity
The top issuers of T&D project contracts for the quarter in terms of power capacity involved were:
- Fotowatio Renewable Ventures (Spain): 296MW from one contract
- Engie Energia Chile (Chile): 259MW from one contract
- Alinta Energy (Australia): 60MW capacity from one contract.
T&D project contracts in Q4 2019: Top winners by capacity
The top winners of contracts for the quarter in terms of power capacity involved were:
- Powerchina International Group (China) and Proyectos de Instalaciones Electricas (Spain): 296MW from one contract
- Global Energy Services Siemsa (Spain): 259MW from one contract
- Downer EDI (Australia): 60MW capacity 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.