Asia-Pacific renewable energy auctions in H1 2019 totalled 32, marking a huge rise compared with one auction in H1 2018, according to GlobalData’s power database.
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The H1 total for renewable energy auctions was up 540% year on year compared with the total of five auctions in H2 2018.
Asia-Pacific renewable energy auctions in H1 2019: India leads activity
Looking at renewable energy auctions by country, India held the top position with 21 auctions and a share of 65.6% during H1 2019, followed by Kazakhstan with eight auctions and a share of 25% and Uzbekistan with two auctions and a share of 6.3%.
In fourth place was Malaysia with one auction and a share of 3.1%.
Solar is top technology area for renewable energy auctions in H1 2019
Looking at renewable energy auctions divided by the type of technology in Asia-Pacific, Solar accounted for the largest proportion with 23 auctions and a 71.9% share, followed by Wind with five auctions and a 15.6% share and Hydro with three auctions and a 9.4% share.
Renewable energy auctions in H1 2019: Top companies by auctioned capacity
- Solar Energy Corporation of India (India): 12,969.5MW from Eleven auctions
- NTPC (India): 2,015MW from three auctions
- Maharashtra State Electricity Distribution (India): 1,500MW from two auctions.
All publicly-announced renewable energy auctions (also known as demand auctions or procurement auctions) 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.
The database contains renewable energy auction details which are of interest for power sector players such as renewable energy developers, EPC companies, equipment suppliers, O&M service providers and renewable energy consultants among others.
More in-depth reports and analysis on all reported renewable energy auctions are available for subscribers to GlobalData’s Power database.