Generation equipment contracts in Q3 2022 saw 38 contracts announced, marking a drop of 84% over the last four-quarter average of 232, according to GlobalData’s power industry contracts database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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

  1. Supply & Erection: 28 contracts and a 73.7% share
  2. Project Implementation: six contracts and a 15.8% share
  3. Repair, Maintenance, Upgrade & Others: three contracts and a 7.9% share
  4. Consulting & Similar Services: one contract and a 2.6% share.

Europe leads generation equipment activity in Q3 2022

Comparing contracts activity in generation equipment segment in different regions of the globe, Europe held the top position with 17 contracts and a share of 44.7% during Q3 2022, followed by Asia-Pacific with 15 contracts and a 39.5% share and North America with three contracts and a 7.9% share.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Wind is leading technology for generation equipment contracts in Q3 2022

Among the technologies, wind accounted for 18 contracts with a 50% share, followed by thermal with five contracts and a 13.9% share and nuclear with four contracts and an 11.1% share.

Generation equipment contracts in Q3 2022: Top companies by capacity

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

  1. FORTE Vannkraft (Norway): 13,600MW from two contracts
  2. EnBW Energy Solutions (Germany): 900MW from one contract
  3. Energa (Poland): 88MW capacity from one contract.

Generation equipment contracts in Q3 2022: Top winners by capacity

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

  1. Spetals Verk (Norway): 13,600MW from two contracts
  2. Siemens Energy (Germany): 900MW from one contract
  3. Shanghai Electric Power Construction (China): 600MW 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.