Electricity procurement contracts in December 2021 saw 72 contracts announced, marking a drop of 36% over the last 12-month average of 112, according to GlobalData’s power industry contracts database.

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The proportion of contracts by category tracked by GlobalData in the month was as follows:

  1. Power Purchase Agreement: 70 contracts and a 97.2% share
  2. Electricity Supply: two contracts and a 2.8% share.

Europe leads electricity procurement activity in December 2021

Comparing contracts activity in electricity procurement segment in different regions of the globe, Europe held the top position with 29 contracts and a share of 40.3% during December 2021, followed by Asia-Pacific with 26 contracts and a 36.1% share and North America with 11 contracts and a 15.3% share.

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Solar is leading technology for electricity procurement contracts in December 2021

Among the technologies, solar accounted for 52 contracts with a 68.4% share, followed by wind with 22 contracts and a 28.9% share and hydro with two contracts and a 2.6% share.

Electricity procurement contracts in December 2021: Top companies by capacity

The top issuers of electricity procurement contracts for the month in terms of power capacity involved were:

  1. Solar Energy Corporation of India (India): 7,000MW from two contracts
  2. Amazon Web Services (United States): 2,244MW from seven contracts
  3. Taiwan Semiconductor Manufacturing (Taiwan): 1,200MW capacity from one contract.

Electricity procurement contracts in December 2021: Top winners by capacity

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

  1. Adani Green Energy (India): 4,667MW from one contract
  2. Azure Power (India): 2,333MW from one contract
  3. Wpd (Germany): 1,200MW 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.