Oil and gas companies are making moves into the UK energy market.

Generation equipment contracts in December 2019 saw 74 contracts announced, marking a drop of 3% over the last 12-month average of 76, 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: 63 contracts and an 85.1% share
  2. Project Implementation: six contracts and an 8.1% share
  3. Repair, Maintenance, Upgrade & Others: five contracts and a 6.8% share.

Europe leads generation equipment activity in December 2019

Comparing contracts activity in generation equipment segment in different regions of the globe, Europe held the top position with 25 contracts and a share of 33.8% during December 2019, followed by Asia-Pacific with 24 contracts and a 32.4% share and North America with 13 contracts and a 17.6% share.

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Wind is leading technology for generation equipment contracts in December 2019

Among the technologies, wind accounted for 42 contracts with a 56.8% share, followed by solar with 16 contracts and a 21.6% share and thermal with 14 contracts and an 18.9% share.

Generation equipment contracts in December 2019: Top companies by capacity

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

  1. Tamil Nadu Generation and Distribution (India): 660MW from one contract
  2. Thermal Power Plant Holding (Iran): 451MW from one contract
  3. Continuum Wind Energy (India): 250MW capacity from one contract.

Generation equipment contracts in December 2019: Top winners by capacity

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

  1. BGR Energy Systems (India): 660MW from one contract
  2. MAPNA Special Projects Construction and Development Co (MD-3) (Iran): 451MW from one contract
  3. Inox Wind (India): 250MW 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.