Asia-Pacific solar technology contracts in November 2021 saw 60 contracts announced, marking a rise of 18% over the last 12-month average of 51, 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. Power Purchase Agreement with 23 contracts and a 38.3% share
  2. Project Implementation: 23 contracts and a 38.3% share
  3. Supply & Erection: 11 contracts and an 18.3% share
  4. Consulting & Similar Services: three contracts and a 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 November 2021 with 28 contracts and a 46.7% share, followed by India with 12 contracts and a 20% share and Thailand with seven contracts and an 11.7% share.

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Asia-Pacific solar technology contracts in November 2021: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 1,100MW from three contracts
  2. Yugan County Guoneng New Energy (China), Punjab State Power (India) and Huadian Yunnan Power Generation (China): 100MW from one contract
  3. SJVN (India): 75MW capacity from one contract.

Asia-Pacific solar technology contracts in November 2021: Top winners by capacity

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

  1. China Energy Engineering Group Planning and Engineering (China): 886.19MW from five contracts
  2. Azure Power (India): 767MW from two contracts
  3. Adani Green Energy (India): 333MW 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.