There were 26 generation equipment contracts announced in the Asia-Pacific region in April 2022, marking a flat growth over the last 12-month average of 26, 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.

Power Plant stood at first place when compared with other power tender categories in the Asia-Pacific region in April 2022 with 65 contracts and a 39.4% share, followed by T&D Project with 40 contracts and a 24.2% share and Generation Equipment with 26 contracts and a 15.8% share during the month.

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

  1. Supply & Erection: 23 contracts and an 88.5% share
  2. Project Implementation: three contracts and an 11.5% share.

Solar is top technology for Asia-Pacific generation equipment contracts in April 2022

Looking at generation equipment contracts by the type of technology in the Asia-Pacific region, solar accounted for 13 contracts with a 50% share, followed by wind with nine contracts and a 34.6% share and thermal with two contracts and a 7.7% share.

  • Embed this chart

    Embed this chart into your website

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

Asia-Pacific generation equipment contracts in April 2022: Top winners by capacity

The top winner of contracts for the month in terms of power capacity involved in Asia-Pacific was:China Energy Engineering (China) with 10MW 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.