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November 12, 2021

Generation equipment tenders down 1% in October 2021

Generation equipment tenders in October 2021 saw 152 tenders announced, marking a drop of 1% over the last 12-month average of 154, 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: 99 tenders and a 65.1% share
  2. Repair, Maintenance, Upgrade & Others: 52 tenders and a 34.2% share
  3. Project Implementation: one tender and a 0.7% share.

North America leads generation equipment activity in October 2021

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 87 tenders and a share of 57.2% during October 2021, followed by Middle East and Africa with 26 tenders and a 17.1% share and Asia-Pacific with 25 tenders and a 16.4% share.

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Thermal is leading technology for generation equipment tenders in October 2021

Among the technologies, thermal accounted for 141 tenders with a 92.2% share, followed by solar with 11 tenders and a 7.2% share and wind with one tender and a 0.7% 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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