Asia-Pacific solar technology contracts in January 2021 saw 36 contracts announced, marking a drop of 8% over the last 12-month average of 39, 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:
- Project Implementation with 15 contracts and a 41.7% share
- Supply & Erection: ten contracts and a 27.8% share
- Power Purchase Agreement: eight contracts and a 22.2% share
- Consulting & Similar Services: two contracts and a 5.6% share
- Repair, Maintenance, Upgrade & Others: one contract and a 2.8% 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 January 2021 with 13 contracts and a 36.1% share, followed by India with seven contracts and a 19.4% share and Vietnam with four contracts and an 11.1% share.
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Asia-Pacific solar technology contracts in January 2021: Top issuers by capacity
The top issuers of contracts for the month in terms of power capacity involved in Asia-Pacific were:
- Gujarat State Electricity (India): 95MW from one contract
- NTPC (India): 90MW from one contract
- Uttar Pradesh Power (India): 75MW capacity from one contract.
Asia-Pacific solar technology contracts in January 2021: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved in Asia-Pacific were:
- Tata Power Solar Systems (India): 95MW from one contract
- Amara Raja Power Systems (India): 90MW from one contract
- Talettutayi Solar Projects Five Pvt (India): 75MW 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.
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