Energy storage contracts in December 2021 saw 20 contracts announced, marking a drop of 9% over the last 12-month average of 22, 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. Supply & Erection: seven contracts and a 35% share
  2. Power Purchase Agreement: six contracts and a 30% share
  3. Project Implementation: six contracts and a 30% share
  4. Consulting & Similar Services: one contract and a 5% share.

Asia-Pacific leads energy storage activity in December 2021

Comparing contracts activity in energy storage segment in different regions of the globe, Asia-Pacific held the top position with eight contracts and a share of 40% during December 2021, followed by North America with six contracts and a 30% share and Europe with three contracts and a 15% share.

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Solar is leading technology for energy storage contracts in December 2021

Among the technologies, solar accounted for ten contracts with a 76.9% share, followed by wind with three contracts and a 23.1% share.

Energy storage contracts in December 2021: Top companies by capacity

The top issuers of energy storage contracts for the month in terms of power capacity involved were:

  1. Weyerhaeuser (United States): 1,000MW from one contract
  2. Prony Resources New Caledonia: 160MW from one contract
  3. Solar Energy Corporation of India (India) and Electro Oriente (Peru): 100MW capacity from one contract.

Energy storage contracts in December 2021: Top winners by capacity

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

  1. Apex Clean Energy Holdings (United States): 1,000MW from one contract
  2. TotalEnergies (France): 160MW from one contract
  3. Tata Power Solar Systems (India) and EDF Renewables (France): 100MW 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.