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November 12, 2021

Asia-Pacific Solar technology tenders activity drops 45% in October 2021

Asia-Pacific solar technology tenders in October 2021 saw 28 tenders announced, marking a drop of 45% over the last 12-month average of 51, according to GlobalData’s power industry tenders database.

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

  1. Project Implementation with 20 tenders and a 71.4% share
  2. Consulting & Similar Services: five tenders and a 17.9% share
  3. Power Purchase Agreement: two tenders and a 7.1% share
  4. Supply & Erection: one tender and a 3.6% share.

India tops Asia-Pacific solar power tenders activity

India was the top country in the Asia-Pacific region for solar technology tenders recorded in October 2021 with 13 tenders and a 46.4% share, followed by the Philippines with four tenders and a 14.3% share and Bangladesh with three tenders and a 10.7% share.

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Asia-Pacific solar technology tenders in October 2021: Top companies by capacity

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

  1. Maharashtra State Electricity Distribution (India): 1,694MW from two tenders
  2. Solar Energy Corporation of India (India): 1,200MW from one tender
  3. Rewa Ultra Mega Solar (India): 950MW capacity from one tender.

All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.

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