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January 19, 2022updated 24 Jan 2022 10:48am

Generation equipment tenders down 4% in Q4 2021

By admin-demo

Generation equipment tenders in Q4 2021 saw 443 tenders announced, marking a drop of 4% over the last four-quarter average of 462, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 305 tenders and a 68.8% share
  2. Repair, Maintenance, Upgrade & Others: 133 tenders and a 30% share
  3. Consulting & Similar Services: four tenders and a 0.9% share
  4. Project Implementation: one tender and a 0.2% share.

North America leads generation equipment activity in Q4 2021

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 273 tenders and a share of 61.6% during Q4 2021, followed by Asia-Pacific with 79 tenders and a 17.8% share and Middle East and Africa with 45 tenders and a 10.2% share.

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Thermal is leading technology for generation equipment tenders in Q4 2021

Among the technologies, thermal accounted for 405 tenders with a 91.6% share, followed by solar with 31 tenders and a 7% share and wind with four tenders and a 0.9% share.

Generation equipment tenders in Q4 2021: Top companies by capacity

The top issuer of generation equipment tenders for the quarter in terms of power capacity involved was:Greenko MP01 IREP Private with 1,440MW from one tender.

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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