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March 22, 2021

Energy storage tenders down 9% in February 2021

By Amit Sharma

Energy storage tenders in February 2021 saw 20 tenders announced, marking a drop of 9% over the last 12-month average of 22, 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. Supply & Erection: nine tenders and a 45% share
  2. Project Implementation: eight tenders and a 40% share
  3. Consulting & Similar Services: two tenders and a 10% share
  4. Power Purchase Agreement: one tender and a 5% share.

North America leads energy storage activity in February 2021

Comparing tenders activity in energy storage segment in different regions of the globe, North America held the top position with 12 tenders and a share of 60% during February 2021, followed by Middle East and Africa with three tenders and a 15% share and Asia-Pacific with two tenders and a 10% share.

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Solar is leading technology for energy storage tenders in February 2021

Among the technologies, solar accounted for ten tenders with a 71.4% share, followed by wind with three tenders and a 21.4% share and geothermal with one tender and a 7.1% share.

Energy storage tenders in February 2021: Top issuers by capacity

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

  1. Appalachian Power (United States): 300MW from one tender
  2. Solar Energy Corporation of India (India): 100MW from one tender
  3. Germany Trade And Invest (Germany): 30MW capacity from one tender.

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.

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