Europe solar technology contracts in Q3 2022 saw 33 contracts announced, marking a drop of 65% over the last four-quarter average of 93, 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 quarter was as follows:

  1. Power Purchase Agreement with 32 contracts and a 97% share
  2. Supply & Erection: one contract and a 3% share.

The UK tops Europe solar power contracts activity

The UK was the top country in the Europe region for solar technology contracts recorded in Q3 2022 with 17 contracts and a 51.5% share, followed by Germany with seven contracts and a 21.2% share and Italy with two contracts and a 6.1% share.

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Europe solar technology contracts in Q3 2022: Top companies by capacity

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

  1. Department for Business, Energy and Industrial Strategy (United Kingdom): 630.88MW from 16 contracts
  2. PepsiCo (United States): 590MW from one contract
  3. Leroy Merlin: 30MW capacity from one contract.

Europe solar technology contracts in Q3 2022: Top winners by capacity

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

  1. Iberdrola (Spain): 590MW from one contract
  2. Elgin Energy EsCo (United Kingdom): 49.99MW from one contract
  3. JBM Solar (United Kingdom), Kronos Solar (Germany) and ScottishPower Renewables (UK) (United Kingdom): 49.9MW 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.