There were 48 power plant contracts announced in the Asia-Pacific region in July 2021, marking a rise of 2% over the last 12-month average of 47, 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 July 2021 with 48 contracts and a 35.8% share, followed by Generation Equipment with 32 contracts and a 23.9% share and Electricity Procurement with 28 contracts and a 20.9% share during the month.

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

  1. Project Implementation: 30 contracts and a 62.5% share
  2. Power Purchase Agreement: nine contracts and an 18.8% share
  3. Consulting & Similar Services: seven contracts and a 14.6% share
  4. Repair, Maintenance, Upgrade & Others: two contracts and a 4.2% share.

Solar is top technology for Asia-Pacific power plant contracts in July 2021

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Looking at power plant contracts by the type of technology in the Asia-Pacific region, solar accounted for 32 contracts with a 65.3% share, followed by wind with ten contracts and a 20.4% share and thermal with three contracts and a 6.1% share.

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Asia-Pacific power plant contracts in July 2021: Top companies by capacity

The top issuers of power plant contracts for the month in terms of power capacity involved in Asia-Pacific were:

  1. Akimat of Mangystau Region: 30,000MW from one contract
  2. Badan Pengusahaan Batam: 2,200MW from one contract
  3. State Grid Corporation of China (China): 1,200MW capacity from one contract.

Asia-Pacific power plant contracts in July 2021: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in Asia-Pacific were:

  1. Svevind (Sweden): 30,000MW from one contract
  2. Sunseap Group Pte (Singapore): 2,200MW from one contract
  3. Shandong Yijian Construction (China): 1,800MW capacity from two contracts.

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.