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July 16, 2021

Europe generation equipment contracts activity up 10% in June 2021

By Amit Sharma

There were 45 generation equipment contracts announced in the Europe region in June 2021, marking a rise of 10% over the last 12-month average of 41, 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 June 2021 with 75 contracts and a 44.1% share, followed by Generation Equipment with 45 contracts and a 26.5% share and Electricity Procurement with 23 contracts and a 13.5% share during the month.

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

  1. Supply & Erection: 30 contracts and a 66.7% share
  2. Repair, Maintenance, Upgrade & Others: 11 contracts and a 24.4% share
  3. Consulting & Similar Services: two contracts and a 4.4% share
  4. Project Implementation: two contracts and a 4.4% share.

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

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 31 contracts with a 70.5% share, followed by solar with five contracts and an 11.4% share and thermal with four contracts and a 9.1% share.

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Europe generation equipment contracts in June 2021: Top issuers by capacity

The top issuer of generation equipment contracts for the month in terms of power capacity involved in Europe was:Lausitz Energie Bergbau (Germany) with 300MW from one contract.

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

The top winner of contracts for the month in terms of power capacity involved in Europe was:Siemens Energy (Germany) with 300MW 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.

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