Europe power industry contracts activity in November 2019 saw 78 contracts announced, marking a drop of 33% over the last 12-month average of 116, according to GlobalData’s power database.
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Europe power industry contracts in November 2019: The UK leads activity
Looking at contracts by country, the UK led the activity in November 2019 with 12 contracts and a share of 15.4%, down 0.1% over the previous month and down 8% when compared with the last 12 month-average, followed by Germany with nine contracts and a share of 11.5% and Turkey with eight contracts and a share of 10.3% during the month.
Looking at the last 12-month average, France held the top spot with 39 contracts, followed by the UK with 13 and Greece with eight contracts.
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Wind is top technology area for contracts in November 2019
Looking at contracts divided by the type of technology, wind accounted for the largest proportion with 29 contracts and a 45.3% share, followed by solar with 12 contracts and an 18.8% share and thermal with 12 contracts and an 18.8% share.
Looking at power industry contracts divided by segment in Europe as tracked by GlobalData, Generation Equipment was the most popular segment in November 2019, with 41 contracts, followed by T&D Equipment (15) and Power Plant (13).
The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Supply & Erection: 51 contracts and a 65.4% share
- Project Implementation: nine contracts and an 11.5% share
- Repair, Maintenance, Upgrade & Others: eight contracts and a 10.3% share
- Consulting & Similar Services: five contracts and a 6.4% share
- Power Purchase Agreement: five contracts and a 6.4% share.
Power contracts in November 2019: Top companies by capacity
The top issuers of contracts for the month in terms of power capacity involved in Europe were:
- Edison (Italy): 760MW from one contract
- Max deal Sp.z.o.o: 324.8MW from one contract
- Nur-MOH Heliothermal (Greece) and Audax Renovables (Spain): 50MW capacity from one contract.
Power contracts in November 2019: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved in Europe were:
- Ansaldo Energia (Italy): 760MW from one contract
- China Energy Engineering Group Guangdong Power Engineering (China): 324.8MW from one contract
- China Gezhouba Group International Engineering (China), Innogy (Germany) and Zhejiang SUPCON Solar Technology (China): 50MW capacity 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.
