Energy storage contracts in June 2021 saw 20 contracts announced, marking a flat growth over the last 12-month average of 20, 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. Project Implementation: 13 contracts and a 65% share
  2. Supply & Erection: four contracts and a 20% share
  3. Consulting & Similar Services: two contracts and a 10% share
  4. Power Purchase Agreement: one contract and a 5% share.

Middle East and Africa leads energy storage activity in June 2021

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

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Solar is leading technology for energy storage contracts in June 2021

Among the technologies, solar accounted for 15 contracts with a 93.8% share, followed by wind with one contract and a 6.3% share.

Energy storage contracts in June 2021: Top issuers by capacity

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

  1. PNM (United States): 300MW from one contract
  2. Department of Mineral Resources and Energy (South Africa): 150MW from three contracts
  3. SMC Global Power Holdings (Philippines): 100MW capacity from one contract.

Energy storage contracts in June 2021: Top winners by capacity

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

  1. Centaurus Renewable Energy (United States): 300MW from one contract
  2. H1 Holdings (South Africa) and Scatec (Norway): 150MW from three contracts
  3. Wartsila (Finland) and Power Construction Corporation of China (China): 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.