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  1. Market Data
January 18, 2021

Generation equipment tenders down 19% in December 2020

Generation equipment tenders in December 2020 saw 125 tenders announced, marking a drop of 19% over the last 12-month average of 155, according to GlobalData’s power industry tenders database.

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The proportion of tenders by category tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 87 tenders and a 69.6% share
  2. Repair, Maintenance, Upgrade & Others: 38 tenders and a 30.4% share.

North America leads generation equipment activity in December 2020

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 73 tenders and a share of 58.4% during December 2020, followed by Asia-Pacific with 30 tenders and a 24% share and Europe with 11 tenders and an 8.8% share.

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Thermal is leading technology for generation equipment tenders in December 2020

Among the technologies, thermal accounted for 101 tenders with an 80.8% share, followed by solar with 18 tenders and a 14.4% share and hydro with four tenders and a 3.2% share.

All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.

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