Generation equipment contracts in Q4 2021 saw 237 contracts announced, marking a drop of 21% over the last four-quarter average of 300, according to GlobalData’s power industry contracts database.

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

  1. Supply & Erection: 196 contracts and an 82.7% share
  2. Repair, Maintenance, Upgrade & Others: 20 contracts and an 8.4% share
  3. Project Implementation: 14 contracts and a 5.9% share
  4. Consulting & Similar Services: seven contracts and a 3% share.

Europe leads generation equipment activity in Q4 2021

Comparing contracts activity in generation equipment segment in different regions of the globe, Europe held the top position with 102 contracts and a share of 43% during Q4 2021, followed by Asia-Pacific with 67 contracts and a 28.3% share and North America with 43 contracts and an 18.1% share.

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Wind is leading technology for generation equipment contracts in Q4 2021

Among the technologies, wind accounted for 108 contracts with a 47% share, followed by solar with 58 contracts and a 25.2% share and thermal with 30 contracts and a 13% share.

Generation equipment contracts in Q4 2021: Top companies by capacity

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

  1. Gas Natural Acu (GNA) (Brazil): 1,700MW from one contract
  2. Aquila Capital Concepts (Germany): 772MW from one contract
  3. Mines and Metals Development Investment: 366MW capacity from one contract.

Generation equipment contracts in Q4 2021: Top winners by capacity

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

  1. Andrade Gutierrez (Brazil) and Siemens Energy (Germany): 1,700MW from one contract
  2. Ansaldo Energia (Italy): 800MW from one contract
  3. Powertis (Spain) and Soltec Power Holdings (Spain): 772MW 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.