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January 19, 2022updated 24 Jan 2022 9:51am

Asia-Pacific smart grid tenders activity up 41% in Q4 2021

By admin-demo

There were 31 smart grid tenders announced in the Asia-Pacific region in Q4 2021, marking a rise of 41% over the last four-quarter average of 22, according to GlobalData’s power industry tenders database.

T&D Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in Q4 2021 with 184 tenders and a 39.1% share, followed by Power Plant with 89 tenders and an 18.9% share and Generation Equipment with 79 tenders and a 16.8% share during the quarter.

The proportion of tenders by category tracked by GlobalData in the quarter was as follows:

  1. Supply & Erection: 28 tenders and a 90.3% share
  2. Consulting & Similar Services: three tenders and a 9.7% share.

Solar is top technology for Asia-Pacific smart grid tenders in Q4 2021

Looking at smart grid tenders by the type of technology in the Asia-Pacific region, solar accounted for two tenders with a 100% share.

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All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.

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