There were 30 T&D equipment contracts announced in the Europe region in Q3 2021, marking a drop of 58% over the last four-quarter average of 72, 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 Q3 2021 with 138 contracts and a 39.1% share, followed by Generation Equipment with 73 contracts and a 20.7% share and Electricity Procurement with 56 contracts and a 15.9% share during the quarter.
The proportion of contracts by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 20 contracts and a 66.7% share
- Project Implementation: six contracts and a 20% share
- Repair, Maintenance, Upgrade & Others: four contracts and a 13.3% share.
Wind is top technology for Europe T&D equipment contracts in Q3 2021
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By GlobalDataLooking at T&D equipment contracts by the type of technology in the Europe region, wind accounted for nine contracts with a 69.2% share, followed by solar with three contracts and a 23.1% share and hydro with one contract and a 7.7% share.
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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.