There were 106 generation equipment contracts announced in the Europe region in Q1 2021, marking a drop of 17% over the last four-quarter average of 128, 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 Q1 2021 with 206 contracts and a 44.1% share, followed by Generation Equipment with 106 contracts and a 22.7% share and Electricity Procurement with 61 contracts and a 13.1% share during the quarter.

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

  1. Supply & Erection: 98 contracts and a 92.5% share
  2. Repair, Maintenance, Upgrade & Others: six contracts and a 5.7% share
  3. Consulting & Similar Services: one contract and a 0.9% share
  4. Project Implementation: one contract and a 0.9% share.

Wind is top technology for Europe generation equipment contracts in Q1 2021

Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for 73 contracts with a 68.9% share, followed by solar with 13 contracts and a 12.3% share and thermal with eight contracts and a 7.5% share.

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Europe generation equipment contracts in Q1 2021: Top issuers by capacity

The top issuer of generation equipment contracts for the quarter in terms of power capacity involved in Europe was:CHINT Group (China) with 48.5MW from one contract.

Europe generation equipment contracts in Q1 2021: Top winners by capacity

The top winner of contracts for the quarter in terms of power capacity involved in Europe was:Grupo Gransolar (Spain) with 48.5MW 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.