Generation equipment contracts in March 2021 saw 96 contracts announced, marking a drop of 10% over the last 12-month average of 107, according to GlobalData’s power industry contracts database.
Go deeper with GlobalData
- 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 month was as follows:
- Supply & Erection: 91 contracts and a 94.8% share
- Project Implementation: three contracts and a 3.1% share
- Repair, Maintenance, Upgrade & Others: two contracts and a 2.1% share.
Europe leads generation equipment activity in March 2021
Comparing contracts activity in generation equipment segment in different regions of the globe, Europe held the top position with 43 contracts and a share of 44.8% during March 2021, followed by Asia-Pacific with 28 contracts and a 29.2% share and North America with 13 contracts and a 13.5% share.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData- 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 March 2021
Among the technologies, wind accounted for 46 contracts with a 47.9% share, followed by solar with 33 contracts and a 34.4% share and thermal with 11 contracts and an 11.5% share.
Generation equipment contracts in March 2021: Top issuers by capacity
The top issuers of generation equipment contracts for the month in terms of power capacity involved were:
- Canacol Energy, Celsia (Colombia) and Proelectrica & CIA (Spain): 200MW from one contract
- Integrum Energy Infrastructure Pvt (India): 96MW from one contract
- Tokyo Steel: 6.4MW capacity from one contract.
Generation equipment contracts in March 2021: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved were:
- Wartsila (Finland): 200MW from one contract
- Inox Wind (India): 96MW from one contract
- Toshiba Energy Systems and Solutions (Japan) and Toshiba Plant Systems & Services (Japan): 6.4MW 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.
