Generation equipment contracts in April 2022 saw 77 contracts announced, marking a drop of 5% over the last 12-month average of 81, 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:

  1. Supply & Erection: 62 contracts and an 80.5% share
  2. Project Implementation: eight contracts and a 10.4% share
  3. Repair, Maintenance, Upgrade & Others: five contracts and a 6.5% share
  4. Consulting & Similar Services: two contracts and a 2.6% share.

Asia-Pacific leads generation equipment activity in April 2022

Comparing contracts activity in generation equipment segment in different regions of the globe, Asia-Pacific held the top position with 26 contracts and a share of 33.8% during April 2022, followed by Europe with 22 contracts and a 28.6% share and North America with 11 contracts and a 14.3% share.

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Solar is leading technology for generation equipment contracts in April 2022

Among the technologies, solar accounted for 37 contracts with a 46.8% share, followed by wind with 21 contracts and a 26.6% share and thermal with ten contracts and a 12.7% share.

Generation equipment contracts in April 2022: Top companies by capacity

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

  1. Con Edison Clean Energy Businesses (United States): 194MW from one contract
  2. Petro Victory Energy: 0.3MW from one contract.

Generation equipment contracts in April 2022: Top winners by capacity

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

  1. MYR Group (United States): 194MW from one contract
  2. China Energy Engineering (China): 10MW 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.