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.

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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

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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.

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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.