Europe solar technology contracts in May 2021 saw 29 contracts announced, marking a drop of 53% over the last 12-month average of 62, 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. Project Implementation with 14 contracts and a 48.3% share
  2. Power Purchase Agreement: eight contracts and a 27.6% share
  3. Repair, Maintenance, Upgrade & Others: three contracts and a 10.3% share
  4. Supply & Erection: two contracts and a 6.9% share
  5. Consulting & Similar Services: one contract and a 3.4% share
  6. Electricity Supply: one contract and a 3.4% share.

Italy tops Europe solar power contracts activity

Italy was the top country in the Europe region for solar technology contracts recorded in May 2021 with 11 contracts and a 37.9% share, followed by Spain with seven contracts and a 24.1% share and the UK with three contracts and a 10.3% share.

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Europe solar technology contracts in May 2021: Top issuers by capacity

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

  1. Arkadikos Ilios I and Arkadikos Ilios II: 50MW from one contract
  2. Gestore dei Servizi Energetici – GSE (Italy): 32.26MW from eight contracts
  3. Solvay (Belgium): 28.77MW capacity from one contract.

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

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

  1. Terna (Greece): 50MW from one contract
  2. Falck Renewables (Italy): 28.77MW from one contract
  3. Global Energy Services Siemsa (Spain) and Hevel L (Russia): 20MW 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.