Asia-Pacific solar technology contracts in Q1 2022 saw 136 contracts announced, marking a drop of 17% over the last four-quarter average of 163, according to GlobalData’s power industry contracts database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The proportion of solar technology contracts by category tracked by GlobalData in the quarter was as follows:

  1. Project Implementation with 66 contracts and a 48.5% share
  2. Power Purchase Agreement: 41 contracts and a 30.1% share
  3. Supply & Erection: 20 contracts and a 14.7% share
  4. Consulting & Similar Services: seven contracts and a 5.1% share
  5. Repair, Maintenance, Upgrade & Others: two contracts and a 1.5% share.

China tops Asia-Pacific solar power contracts activity

China was the top country in the Asia-Pacific region for solar technology contracts recorded in Q1 2022 with 48 contracts and a 35.3% share, followed by India with 40 contracts and a 29.4% share and Japan with 14 contracts and a 10.3% share.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Asia-Pacific solar technology contracts in Q1 2022: Top companies by capacity

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

  1. China Huadian (China): 3,000MW from one contract
  2. Rajasthan Rajya Vidyut Utpadan Nigam (India): 1,785MW from one contract
  3. ArcelorMittal (Luxembourg): 975MW capacity from one contract.

Asia-Pacific solar technology contracts in Q1 2022: Top winners by capacity

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

  1. China Power Engineering Consulting Group (China): 9,126.6MW from 19 contracts
  2. Solar Energy Corporation of India (India): 2,275MW from two contracts
  3. Greenko Energies (India): 975MW capacity 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.