Electricity procurement contracts in Q4 2021 saw 301 contracts announced, marking a drop of 4% over the last four-quarter average of 314, according to GlobalData’s power industry contracts database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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

  1. Power Purchase Agreement: 200 contracts and a 66.4% share
  2. Project Implementation: 92 contracts and a 30.6% share
  3. Electricity Supply: nine contracts and a 3% share.

Europe leads electricity procurement activity in Q4 2021

Comparing contracts activity in electricity procurement segment in different regions of the globe, Europe held the top position with 151 contracts and a share of 50.2% during Q4 2021, followed by Asia-Pacific with 70 contracts and a 23.3% share and North America with 52 contracts and a 17.3% share.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Solar is leading technology for electricity procurement contracts in Q4 2021

Among the technologies, solar accounted for 194 contracts with a 60.1% share, followed by wind with 109 contracts and a 33.7% share and hydro with nine contracts and a 2.8% share.

Electricity procurement contracts in Q4 2021: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 8,100MW from five contracts
  2. Ministry for the Ecological Transition and Demographic Challenge (Spain): 3,113.1MW from 90 contracts
  3. Amazon Web Services (United States): 2,244MW capacity from seven contracts.

Electricity procurement contracts in Q4 2021: Top winners by capacity

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

  1. Adani Green Energy (India): 5,000MW from two contracts
  2. Azure Power (India): 3,100MW from three contracts
  3. RWE (Germany): 1,400MW 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.