View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
January 19, 2022updated 24 Jan 2022 9:14am

Energy storage tenders up 6% in Q4 2021

By admin-demo

Energy storage tenders in Q4 2021 saw 76 tenders announced, marking a rise of 6% over the last four-quarter average of 72, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 50 tenders and a 65.8% share
  2. Project Implementation: 20 tenders and a 26.3% share
  3. Repair, Maintenance, Upgrade & Others: two tenders and a 2.6% share
  4. Consulting & Similar Services: two tenders and a 2.6% share
  5. Power Purchase Agreement: two tenders and a 2.6% share.

North America leads energy storage activity in Q4 2021

Comparing tenders activity in energy storage segment in different regions of the globe, North America held the top position with 53 tenders and a share of 69.7% during Q4 2021, followed by Middle East and Africa with ten tenders and a 13.2% share and Asia-Pacific with seven tenders and a 9.2% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Solar is leading technology for energy storage tenders in Q4 2021

Among the technologies, solar accounted for 21 tenders with an 80.8% share, followed by wind with two tenders and a 7.7% share and thermal with one tender and a 3.8% share.

Energy storage tenders in Q4 2021: Top companies by capacity

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

  1. Georgia Power (United States): 1,030MW from one tender
  2. Solar Energy Corporation of India (India): 500MW from one tender
  3. Guyana Power & Light (Guyana): 33MW 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.

Related Companies

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU