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  1. Market Data
January 19, 2021

Energy storage tenders down 1% in Q4 2020

Energy storage tenders in Q4 2020 saw 67 tenders announced, marking a drop of 1% over the last four-quarter average of 68, 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: 44 tenders and a 65.7% share
  2. Project Implementation: 14 tenders and a 20.9% share
  3. Power Purchase Agreement: five tenders and a 7.5% share
  4. Consulting & Similar Services: three tenders and a 4.5% share
  5. Electricity Supply: one tender and a 1.5% share.

North America leads energy storage activity in Q4 2020

Comparing tenders activity in energy storage segment in different regions of the globe, North America held the top position with 46 tenders and a share of 68.7% during Q4 2020, followed by Middle East and Africa with seven tenders and a 10.4% share and Europe with six tenders and a 9% share.

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Solar is leading technology for energy storage tenders in Q4 2020

Among the technologies, solar accounted for 23 tenders with a 65.7% share, followed by wind with four tenders and an 11.4% share and hydro with three tenders and an 8.6% share.

Energy storage tenders in Q4 2020: Top issuers by capacity

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

  1. Ministry for the Ecological Transition and Demographic Challenge (Spain): 3,000MW from one tender
  2. CPS Energy (United States): 1,450MW from one tender
  3. Ministere de l’Environnement, de l’Energie et de la Mer (France): 680MW 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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