Energy storage tenders in Q1 2021 saw 69 tenders announced, marking a rise of 5% over the last four-quarter average of 66, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 39 tenders and a 56.5% share
  2. Project Implementation: 19 tenders and a 27.5% share
  3. Power Purchase Agreement: eight tenders and an 11.6% share
  4. Consulting & Similar Services: two tenders and a 2.9% share
  5. Others: one tender and a 1.4% share.

North America leads energy storage activity in Q1 2021

Comparing tenders activity in energy storage segment in different regions of the globe, North America held the top position with 47 tenders and a share of 68.1% during Q1 2021, followed by Middle East and Africa with ten tenders and a 14.5% share and Europe with seven tenders and a 10.1% share.

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Solar is leading technology for energy storage tenders in Q1 2021

Among the technologies, solar accounted for 29 tenders with a 56.9% share, followed by wind with nine tenders and a 17.6% share and geothermal with four tenders and a 7.8% share.

Energy storage tenders in Q1 2021: Top issuers by capacity

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

  1. Entergy Services (United States): 700MW from two tenders
  2. Entergy Services, L: 500MW from one tender
  3. Appalachian Power (United States): 300MW 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.