Asia-Pacific solar technology tenders in Q1 2021 saw 132 tenders announced, marking a drop of 38% over the last four-quarter average of 214, 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 quarter was as follows:
- Project Implementation with 112 tenders and an 84.8% share
- Supply & Erection: ten tenders and a 7.6% share
- Consulting & Similar Services: five tenders and a 3.8% share
- Repair, Maintenance, Upgrade & Others: four tenders and a 3% share
- Power Purchase Agreement: one tender and a 0.8% 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 Q1 2021 with 84 tenders and a 63.6% share, followed by Australia with 14 tenders and a 10.6% share and Nepal with 12 tenders and a 9.1% share.
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Asia-Pacific solar technology tenders in Q1 2021: Top issuers by capacity
The top issuers of tenders for the quarter in terms of power capacity involved in Asia-Pacific were:
- Indian Renewable Energy Development Agency (India) and Telecommunications Consultants India (India): 5,000MW from one tender
- Solar Energy Corporation of India (India): 1,960MW from four tenders
- Solar Energy Corporation of India: 1,785MW 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.