Electricity procurement contracts in April 2022 saw 50 contracts announced, marking a drop of 47% over the last 12-month average of 94, 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:
- Power Purchase Agreement: 46 contracts and a 92% share
- Project Implementation: four contracts and an 8% share.
Asia-Pacific leads electricity procurement activity in April 2022
Comparing contracts activity in electricity procurement segment in different regions of the globe, Asia-Pacific held the top position with 18 contracts and a share of 36% during April 2022, followed by North America with 14 contracts and a 28% share and Europe with 12 contracts and a 24% share.
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By GlobalData
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Solar is leading technology for electricity procurement contracts in April 2022
Among the technologies, solar accounted for 38 contracts with a 70.4% share, followed by wind with 12 contracts and a 22.2% share and geothermal with two contracts and a 3.7% share.
Electricity procurement contracts in April 2022: Top companies by capacity
The top issuers of electricity procurement contracts for the month in terms of power capacity involved were:
- West Holdings (Japan): 2,700MW from four contracts
- Meta Platforms (United States): 566MW from three contracts
- GRIDCO (India): 200MW capacity from one contract.
Electricity procurement contracts in April 2022: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved were:
- JERA (Japan): 2,700MW from four contracts
- EDP Renovaveis (Spain): 641MW from four contracts
- Luxcara (Germany): 210MW 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.