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August 20, 2021

Generation equipment tenders up 9% in July 2021

Generation equipment tenders in July 2021 saw 168 tenders announced, marking a rise of 9% 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: 114 tenders and a 67.9% share
  2. Repair, Maintenance, Upgrade & Others: 53 tenders and a 31.5% share
  3. Consulting & Similar Services: one tender and a 0.6% share.

North America leads generation equipment activity in July 2021

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 74 tenders and a share of 44% during July 2021, followed by Asia-Pacific with 53 tenders and a 31.5% share and Middle East and Africa with 21 tenders and a 12.5% share.

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Thermal is leading technology for generation equipment tenders in July 2021

Among the technologies, thermal accounted for 145 tenders with an 86.3% share, followed by solar with 13 tenders and a 7.7% share and hydro with five tenders and a 3% 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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