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March 14, 2022

Europe Solar technology contracts activity drops 55% in February 2022

Europe solar technology contracts in February 2022 saw 21 contracts announced, marking a drop of 55% over the last 12-month average of 47, according to GlobalData’s power industry contracts database.

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

  1. Power Purchase Agreement with 11 contracts and a 52.4% share
  2. Project Implementation: five contracts and a 23.8% share
  3. Supply & Erection: five contracts and a 23.8% share.

Germany tops Europe solar power contracts activity

Germany was the top country in the Europe region for solar technology contracts recorded in February 2022 with six contracts and a 28.6% share, followed by Albania with four contracts and a 19% share and Spain with four contracts and a 19% share.

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Europe solar technology contracts in February 2022: Top companies by capacity

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

  1. Robert Bosch (Germany): 70MW from one contract
  2. Statkraft (Norway): 50MW from one contract
  3. BASF (Germany): 24MW capacity from one contract.

Europe solar technology contracts in February 2022: Top winners by capacity

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

  1. Energiekontor (Germany): 70MW from one contract
  2. Matrix Renewables (Spain): 50MW from one contract
  3. Green Genius (Lithuania): 35MW 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.

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