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  1. Market Data
October 26, 2021

Europe generation equipment tenders activity up 26% in Q3 2021

There were 54 generation equipment tenders announced in the Europe region in Q3 2021, marking a rise of 26% over the last four-quarter average of 43, according to GlobalData’s power industry tenders database.

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Power Plant stood at first place when compared with other power tender categories in the Europe region in Q3 2021 with 135 tenders and a 34.8% share, followed by T&D Project with 101 tenders and a 26% share and T&D Equipment with 64 tenders and a 16.5% share during the quarter.

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

  1. Supply & Erection: 46 tenders and an 85.2% share
  2. Repair, Maintenance, Upgrade & Others: seven tenders and a 13% share
  3. Consulting & Similar Services: one tender and a 1.9% share.

Thermal is top technology for Europe generation equipment tenders in Q3 2021

Looking at generation equipment tenders by the type of technology in the Europe region, thermal accounted for 28 tenders with a 51.9% share, followed by solar with 13 tenders and a 24.1% share and hydro with seven tenders and a 13% 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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