Electricity procurement tenders in December 2021 saw 22 tenders announced, marking a rise of 69% over the last 12-month average of 13, according to GlobalData’s power industry tenders database.

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

  1. Electricity Supply: 17 tenders and a 77.3% share
  2. Power Purchase Agreement: five tenders and a 22.7% share.

Europe leads electricity procurement activity in December 2021

Comparing tenders activity in electricity procurement segment in different regions of the globe, Europe held the top position with 14 tenders and a share of 63.6% during December 2021, followed by North America with five tenders and a 22.7% share and Asia-Pacific with three tenders and a 13.6% share.

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Solar is leading technology for electricity procurement tenders in December 2021

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Among the technologies, solar accounted for four tenders with a 44.4% share, followed by wind with four tenders and a 44.4% share and ocean power with one tender and an 11.1% share.

Electricity procurement tenders in December 2021: Top companies by capacity

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

  1. VIK AD Lovech: 6,950MW from one tender
  2. Maharashtra State Electricity Distribution (India): 1,142MW from three tenders
  3. Hydro-Quebec (Canada): 780MW capacity from two tenders.

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.