Europe power industry contracts activity in Q4 2020 saw 387 contracts announced, marking a drop of 22% over the last four-quarter average of 493, according to GlobalData’s power database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Europe power industry contracts in Q4 2020: The UK leads activity

Looking at contracts by country, the UK led the activity in Q4 2020 with 61 contracts and a share of 15.8%, up 2.7% over the previous quarter and up 24% when compared with the last four-quarter average, followed by Germany with 36 contracts and a share of 9.3% and France with 34 contracts and a share of 8.8% during the quarter.

Looking at the last four-quarter average, France held the top spot with 97 contracts, followed by the UK with 49 and Germany with 35 contracts.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Wind is top technology area for contracts in Q4 2020

Looking at contracts divided by the type of technology, wind accounted for the largest proportion with 137 contracts and a 50.2% share, followed by solar with 60 contracts and a 22% share and thermal with 23 contracts and an 8.4% share.

Looking at power industry contracts divided by segment as tracked by GlobalData, Generation Equipment was the most popular segment in Europe power contracts activity during Q4 2020, with 125 contracts, followed by T&D Equipment (85) and Power Plant (77).

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

  1. Supply & Erection: 221 contracts and a 57.1% share
  2. Project Implementation: 58 contracts and a 15% share
  3. Power Purchase Agreement: 45 contracts and an 11.6% share
  4. Consulting & Similar Services: 33 contracts and an 8.5% share
  5. Repair, Maintenance, Upgrade & Others: 24 contracts and a 6.2% share
  6. Electricity Supply: four contracts and a 1% share
  7. Others: two contracts and a 0.5% share.

Power contracts in Q4 2020: Top issuers by capacity

The top issuers of contracts for the quarter in terms of power capacity involved in Europe were:

  1. Orsted (Denmark): 1,285MW from two contracts
  2. Wind Farm L (Ukraine): 800MW from one contract
  3. Amazon Web Services (United States): 735MW capacity from five contracts.

Power contracts in Q4 2020: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved in Europe were:

  1. Doggerbank Offshore Wind Farm Project one Projco (United Kingdom) and Doggerbank Offshore Wind Farm Project two Projco (United Kingdom): 1,920MW from three contracts
  2. Power Construction Corporation of China (China): 800MW from one contract
  3. BP (United Kingdom): 404MW capacity from two contracts.

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.