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July 24, 2020updated 31 Jul 2020 2:48pm

Europe generation equipment tenders activity up 71% in June 2020

There were 24 generation equipment tenders announced in the Europe region in June 2020, marking a rise of 71% over the last 12-month average of 14, according to GlobalData’s power industry tenders database.

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T&D Project stood at first place when compared with other power tender categories in the Europe region in June 2020 with 28 tenders and a 28.6% share, followed by Generation Equipment with 24 tenders and a 24.5% share and Power Plant with 18 tenders and an 18.4% share during the month.

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

  1. Supply & Erection: 16 tenders and a 66.7% share
  2. Repair, Maintenance, Upgrade & Others: seven tenders and a 29.2% share
  3. Consulting & Similar Services: one tender and a 4.2% share.

Thermal is top technology for Europe generation equipment tenders in June 2020

Looking at generation equipment tenders by the type of technology in the Europe region, thermal accounted for 16 tenders with a 66.7% share, followed by hydro with four tenders and a 16.7% share and wind with two tenders and an 8.3% share.

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All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.

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