Generation equipment contracts in September 2021 saw 82 contracts announced, marking a drop of 20% over the last 12-month average of 103, according to GlobalData’s power industry contracts database.
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The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Supply & Erection: 70 contracts and an 85.4% share
- Repair, Maintenance, Upgrade & Others: seven contracts and an 8.5% share
- Project Implementation: three contracts and a 3.7% share
- Consulting & Similar Services: two contracts and a 2.4% share.
Europe leads generation equipment activity in September 2021
Comparing contracts activity in generation equipment segment in different regions of the globe, Europe held the top position with 31 contracts and a share of 37.8% during September 2021, followed by Asia-Pacific with 24 contracts and a 29.3% share and North America with 18 contracts and a 22% share.
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By GlobalData
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Wind is leading technology for generation equipment contracts in September 2021
Among the technologies, wind accounted for 38 contracts with a 47.5% share, followed by solar with 19 contracts and a 23.8% share and thermal with 16 contracts and a 20% share.
Generation equipment contracts in September 2021: Top companies by capacity
The top issuers of generation equipment contracts for the month in terms of power capacity involved were:
- Sun Ba Power (Taiwan): 1,100MW from one contract
- WattBridge Energy (United States): 288MW from one contract
- Antony Lara Renewable Energy (India): 14MW capacity from one contract.
Generation equipment contracts in September 2021: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved were:
- CTCI (Taiwan) and Siemens Energy (Germany): 1,100MW from one contract
- ProEnergy Services (United States): 288MW from one contract
- Hitachi Zosen India (India) and ISGEC Heavy Engineering (India): 14MW 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.