There were 22 generation equipment contracts announced in the Europe region in October 2021, marking a drop of 41% over the last 12-month average of 37, according to GlobalData’s power industry contracts database.

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Power Plant stood at first place when compared with other power tender categories in the Europe region in October 2021 with 27 contracts and a 30.3% share, followed by Electricity Procurement with 24 contracts and a 27% share and Generation Equipment with 22 contracts and a 24.7% share during the month.

The proportion of contracts by category tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 19 contracts and an 86.4% share
  2. Repair, Maintenance, Upgrade & Others: two contracts and a 9.1% share
  3. Consulting & Similar Services: one contract and a 4.5% share.

Wind is top technology for Europe generation equipment contracts in October 2021

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Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 18 contracts with an 81.8% share, followed by solar with two contracts and a 9.1% share and hydro with one contract and a 4.5% share.

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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.