There were 62 power plant contracts announced in the Europe region in Q2 2022, marking a drop of 61% over the last four-quarter average of 159, 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 Q2 2022 with 62 contracts and a 27.2% share, followed by Generation Equipment with 50 contracts and a 21.9% share and T&D Equipment with 42 contracts and an 18.4% share during the quarter.

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

  1. Project Implementation: 34 contracts and a 54.8% share
  2. Consulting & Similar Services: 13 contracts and a 21% share
  3. Power Purchase Agreement: eight contracts and a 12.9% share
  4. Repair, Maintenance, Upgrade & Others: seven contracts and an 11.3% share.

Solar is top technology for Europe power plant contracts in Q2 2022

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Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 26 contracts with a 41.9% share, followed by wind with 21 contracts and a 33.9% share and biopower with four contracts and a 6.5% share.

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Europe power plant contracts in Q2 2022: Top companies by capacity

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

  1. EP Produzione (Italy): 881MW from one contract
  2. Con Edison Clean Energy Businesses (United States): 194MW from one contract
  3. Econergy Group (Israel): 154MW capacity from one contract.

Europe power plant contracts in Q2 2022: Top winners by capacity

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

  1. Demont (Italy) and Siemens Energy (Germany): 881MW from one contract
  2. MYR Group (United States): 194MW from one contract
  3. InTEC Energy Solutions (Germany): 154MW 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.