Asia-Pacific solar technology contracts in December 2021 saw 74 contracts announced, marking a rise of 40% over the last 12-month average of 53, 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 40 contracts and a 54.1% share
  2. Power Purchase Agreement: 23 contracts and a 31.1% share
  3. Supply & Erection: ten contracts and a 13.5% share
  4. Electricity Supply: one contract and a 1.4% 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 December 2021 with 33 contracts and a 44.6% share, followed by China with 14 contracts and an 18.9% share and Malaysia with five contracts and a 6.8% share.

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Asia-Pacific solar technology contracts in December 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): 8,885MW from nine contracts
  2. Stanwell (Australia): 600MW from one contract
  3. Government Of Rajasthan (India): 500MW capacity from one contract.

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

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

  1. Adani Green Energy (India): 4,667MW from one contract
  2. Azure Power (India): 2,333MW from one contract
  3. Acciona Energia (Spain) and Renew Solar Power (India): 600MW 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.