Asia-Pacific solar technology contracts in January 2022 saw 31 contracts announced, marking a drop of 43% over the last 12-month average of 54, 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 12 contracts and a 38.7% share
  2. Power Purchase Agreement: 11 contracts and a 35.5% share
  3. Supply & Erection: six contracts and a 19.4% share
  4. Consulting & Similar Services: one contract and a 3.2% share
  5. Repair, Maintenance, Upgrade & Others: one contract and a 3.2% share.

India tops Asia-Pacific solar power contracts activity

India was the top country in the Asia-Pacific region for solar technology contracts recorded in January 2022 with 12 contracts and a 38.7% share, followed by China with nine contracts and a 29% share and Japan with three contracts and a 9.7% share.

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

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

  1. Huaneng Lancang River Hydropower (China): 300MW from two contracts
  2. Uttar Pradesh Power (India): 125MW from one contract
  3. APA Group (Australia): 88MW capacity from one contract.

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

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

  1. China Power Engineering Consulting Group (China): 574MW from five contracts
  2. UGL (Australia): 175MW from two contracts
  3. SJVN (India): 125MW 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.