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December 6, 2021

Europe generation equipment contracts activity down 8% in November 2021

By Carmen

There were 33 generation equipment contracts announced in the Europe region in November 2021, marking a drop of 8% over the last 12-month average of 36, according to GlobalData’s power industry contracts database.

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Generation Equipment stood at first place when compared with other power tender categories in the Europe region in November 2021 with 33 contracts and a 33.7% share, followed by Electricity Procurement with 21 contracts and a 21.4% share and Power Plant with 19 contracts and a 19.4% share during the month.

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

  1. Supply & Erection: 28 contracts and an 84.8% share
  2. Repair, Maintenance, Upgrade & Others: two contracts and a 6.1% share
  3. Consulting & Similar Services: two contracts and a 6.1% share
  4. Project Implementation: one contract and a 3% share.

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

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 18 contracts with a 60% share, followed by hydro with three contracts and a 10% share and solar with three contracts and a 10% 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.

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