There were 50 generation equipment contracts announced in the Europe region in Q2 2022, marking a drop of 47% over the last four-quarter average of 94, 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 Q2 2022 with 62 contracts and a 27.2% share, followed by Generation Equipment with 50 contracts and a 21.9% share and T&D Equipment with 42 contracts and an 18.4% share during the quarter.
The proportion of contracts by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 36 contracts and a 72% share
- Project Implementation: six contracts and a 12% share
- Repair, Maintenance, Upgrade & Others: six contracts and a 12% share
- Consulting & Similar Services: two contracts and a 4% share.
Wind is top technology for Europe generation equipment contracts in Q2 2022
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By GlobalDataLooking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 24 contracts with a 47.1% share, followed by solar with 11 contracts and a 21.6% share and nuclear with six contracts and an 11.8% share.
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Europe generation equipment contracts in Q2 2022: Top companies by capacity
The top issuers of generation equipment contracts for the quarter in terms of power capacity involved in Europe were:
- EP Produzione (Italy): 881MW from one contract
- Con Edison Clean Energy Businesses (United States): 194MW from one contract
- Aena SME (Spain): 142.42MW capacity from one contract.
Europe generation equipment contracts in Q2 2022: Top winners by capacity
The top winners of contracts for the quarter in terms of power capacity involved in Europe were:
- Demont (Italy) and Siemens Energy (Germany): 881MW from one contract
- MYR Group (United States): 194MW from one contract
- Siemens Gamesa Renewable Energy (Spain): 66MW capacity 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.