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February 24, 2021

Europe T&D equipment contracts activity down 30% in January 2021

By Amit Sharma

There were 21 T&D equipment contracts announced in the Europe region in January 2021, marking a drop of 30% over the last 12-month average of 30, 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 January 2021 with 72 contracts and a 51.1% share, followed by Generation Equipment with 23 contracts and a 16.3% share and T&D Equipment with 21 contracts and a 14.9% share during the month.

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

  1. Supply & Erection: 19 contracts and a 90.5% share
  2. Repair, Maintenance, Upgrade & Others: two contracts and a 9.5% share.

Solar is top technology for Europe T&D equipment contracts in January 2021

Looking at T&D equipment contracts by the type of technology in the Europe region, solar accounted for three contracts with a 75% share, followed by wind with one contract and a 25% 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.

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