There were 73 generation equipment contracts announced in the Europe region in Q3 2021, marking a drop of 44% over the last four-quarter average of 130, 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 Q3 2021 with 138 contracts and a 39.1% share, followed by Generation Equipment with 73 contracts and a 20.7% share and Electricity Procurement with 56 contracts and a 15.9% share during the quarter.

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

  1. Supply & Erection: 64 contracts and an 87.7% share
  2. Repair, Maintenance, Upgrade & Others: five contracts and a 6.8% share
  3. Consulting & Similar Services: two contracts and a 2.7% share
  4. Project Implementation: two contracts and a 2.7% share.

Wind is top technology for Europe generation equipment contracts in Q3 2021

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Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 43 contracts with a 59.7% share, followed by solar with 12 contracts and a 16.7% share and hydro with eight contracts and an 11.1% share.

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Europe generation equipment contracts in Q3 2021: Top companies by capacity

The top issuers of generation equipment contracts for the quarter in terms of power capacity involved in Europe were:

  1. Metaenergiaproduzione S.R.L: 380MW from one contract
  2. Salzburg (Austria): 4MW from one contract.

Europe generation equipment contracts in Q3 2021: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved in Europe were:

  1. Wartsila (Finland): 380MW from one contract
  2. Valmet (Finland): 4MW from one contract.

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.