There were 55 power plant contracts announced in the Europe region in February 2020, marking a drop of 11% over the last 12-month average of 62, 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 February 2020 with 55 contracts and a 51.4% share, followed by Electricity Procurement with 17 contracts and a 15.9% share and Generation Equipment with 16 contracts and a 15% share during the month.

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

  1. Project Implementation: 53 contracts and a 96.4% share
  2. Repair, Maintenance, Upgrade & Others: one contract and a 1.8% share
  3. Consulting & Similar Services: one contract and a 1.8% share.

Solar is top technology for Europe power plant contracts in February 2020

Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 46 contracts with an 83.6% share, followed by wind with four contracts and a 7.3% share and nuclear with three contracts and a 5.5% share.

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Europe power plant contracts in February 2020: Top companies by capacity

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

  1. AzerEnerji JS (Azerbaijan): 1,000MW from one contract
  2. Solarcentury Holdings (United Kingdom): 500MW from two contracts
  3. Lightsource BP Renewable Energy Investments (United Kingdom): 250MW capacity from one contract.

Europe power plant contracts in February 2020: Top winners by capacity

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

  1. Ansaldo Energia (Italy): 1,000MW from one contract
  2. Proyectos de Instalaciones Electricas (Spain): 500MW from two contracts
  3. Prodiel Proyectos de Instalaciones Electricas (Spain): 250MW 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.