Generation equipment contracts in Q3 2019 saw 192 contracts announced, marking a drop of 18% over the last four-quarter average of 235, 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: 147 contracts and a 76.6% share
  2. Repair, Maintenance, Upgrade & Others: 27 contracts and a 14.1% share
  3. Project Implementation: 18 contracts and a 9.4% share.

Europe leads generation equipment activity in Q3 2019

Comparing contracts activity in generation equipment segment in different regions of the globe, Europe held the top position with 70 contracts and a share of 36.5% during Q3 2019, followed by Asia-Pacific with 57 contracts and a 29.7% share and North America with 44 contracts and a 22.9% share.

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Wind is leading technology for generation equipment contracts in Q3 2019

Among the technologies, wind accounted for 68 contracts with a 35.2% share, followed by thermal with 59 contracts and a 30.6% share and solar with 39 contracts and a 20.2% share.

Generation equipment contracts in Q3 2019: Top companies by capacity

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

  1. JERA (Japan) and JXTG Nippon Oil & Energy (Japan): 2,340MW from one contract
  2. Ministry of Electricity, Iraq (Iraq): 1,600MW from one contract
  3. Van Phong Power: 1,320MW capacity from one contract.

Generation equipment contracts in Q3 2019: Top winners by capacity

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

  1. Toshiba Energy Systems & Solutions (Japan): 3,660MW from two contracts
  2. Siemens (Germany): 2,834MW from four contracts
  3. Toshiba Plant Systems & Services (Japan): 2,340MW 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.