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July 14, 2022

Asia-Pacific Solar technology contracts activity drops 42% in June 2022

By Carmen

Asia-Pacific solar technology contracts in June 2022 saw 33 contracts announced, marking a drop of 42% over the last 12-month average of 57, according to GlobalData’s power industry contracts database.

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

  1. Project Implementation with 18 contracts and a 54.5% share
  2. Power Purchase Agreement: 12 contracts and a 36.4% share
  3. Consulting & Similar Services: three contracts and a 9.1% 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 June 2022 with 22 contracts and a 66.7% share, followed by India with eight contracts and a 24.2% share and Japan with one contract and a 3% share.

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

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

  1. NHPC (India): 700MW from two contracts
  2. Datang Huayin Electric Power (China): 260.27MW from one contract
  3. Maharashtra State Electricity Distribution (India): 200MW capacity from one contract.

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

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

  1. Adani Infrastructure (India): 600MW from one contract
  2. Shandong Yijian Construction (China): 430MW from three contracts
  3. Shanghai Electric Power Construction (China): 268.07MW capacity from three 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.

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