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January 20, 2022updated 24 Jan 2022 10:11am

Europe Solar technology contracts activity drops 38% in Q4 2021

By admin-demo

Europe solar technology contracts in Q4 2021 saw 115 contracts announced, marking a drop of 38% over the last four-quarter average of 184, according to GlobalData’s power industry contracts database.

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

  1. Project Implementation with 76 contracts and a 66.1% share
  2. Power Purchase Agreement: 25 contracts and a 21.7% share
  3. Supply & Erection: 12 contracts and a 10.4% share
  4. Consulting & Similar Services: one contract and a 0.9% share
  5. Electricity Supply: one contract and a 0.9% share.

Spain tops Europe solar power contracts activity

Spain was the top country in the Europe region for solar technology contracts recorded in Q4 2021 with 56 contracts and a 48.7% share, followed by France with eight contracts and a 7% share and Bosnia and Herzegovina with seven contracts and a 6.1% share.

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Europe solar technology contracts in Q4 2021: Top companies by capacity

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

  1. Ministry for the Ecological Transition and Demographic Challenge (Spain): 865.88MW from 44 contracts
  2. Aquila Capital Concepts (Germany): 772MW from one contract
  3. Iberdrola (Spain): 740MW capacity from two contracts.

Europe solar technology contracts in Q4 2021: Top winners by capacity

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

  1. Powertis (Spain) and Soltec Power Holdings (Spain): 772MW from one contract
  2. OPDE Holding (Spain): 750MW from one contract
  3. Abengoa (Spain): 740MW 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.

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