Electricity procurement contracts in Q1 2020 saw 158 contracts announced, marking a drop of 2% over the last four-quarter average of 161, according to GlobalData’s power industry contracts database.

  • 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: 138 contracts and an 87.3% share
  2. Electricity Supply: 18 contracts and an 11.4% share
  3. Project Implementation: two contracts and a 1.3% share.

North America leads electricity procurement activity in Q1 2020

Comparing contracts activity in electricity procurement segment in different regions of the globe, North America held the top position with 46 contracts and a share of 29.1% during Q1 2020, followed by Asia-Pacific with 45 contracts and a 28.5% share and Europe with 43 contracts and a 27.2% 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 Q1 2020

Among the technologies, solar accounted for 95 contracts with a 54.6% share, followed by wind with 46 contracts and a 26.4% share and hydro with 14 contracts and an 8% share.

Electricity procurement contracts in Q1 2020: Top companies by capacity

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

  1. Emirates Water and Electricity (United Arab Emirates): 2,400MW from one contract
  2. Ministry of Energy of the Republic of Uzbekistan (Uzbekistan): 1,500MW from one contract
  3. Tri-State Generation and Transmission Association (United States): 815MW capacity from six contracts.

Electricity procurement contracts in Q1 2020: Top winners by capacity

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

  1. Marubeni (Japan): 3,200MW from two contracts
  2. ACWA Power International (Saudi Arabia): 1,500MW from one contract
  3. Solar Energy Corporation of India (India): 1,190.64MW capacity from four contracts.

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.