Asia-Pacific renewable energy auctions in H1 2020 totalled 34, marking a rise of 1600% compared with two auctions in H1 2019, according to GlobalData’s power database.
Embed this chart
Embed this chart into your website
Copy and paste the code below into your website to display the chart.
The H1 total for renewable energy auctions was up 467% year on year compared with the total of six auctions in H2 2019.
Asia-Pacific renewable energy auctions in H1 2020: India leads activity
Looking at renewable energy auctions by country, India held the top position with 25 auctions and a share of 73.5% during H1 2020, followed by Kazakhstan with eight auctions and a share of 23.5% and Japan with one auction and a share of 2.9%.
Solar is top technology area for renewable energy auctions in H1 2020
Looking at renewable energy auctions divided by the type of technology in Asia-Pacific, Solar accounted for the largest proportion with 26 auctions and a 74.3% share, followed by Wind with six auctions and a 17.1% share and Hydro with two auctions and a 5.7% share.
Renewable energy auctions in H1 2020: Top companies by auctioned capacity
- Solar Energy Corporation of India (India): 5,809MW from nine auctions
- NTPC (India): 2,535MW from three auctions
- Rewa Ultra Mega Solar (India): 1,500MW from three 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.