Power industry contracts activity in August 2021 saw 274 contracts announced, marking a drop of 34% over the last 12-month average of 413, according to GlobalData’s power database.
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Power industry contracts in August 2021: Asia-Pacific leads global activity
On comparing contracts activity in different regions of the globe, Asia-Pacific held the top position with 99 contracts and a share of 36.1% during August 2021, followed by North America with 61 contracts and a 22.3% share and Europe with 60 contracts and a 21.9% share.
In fourth place was Middle East and Africa with 34 contracts and a 12.4% share and in fifth place was South and Central America with 20 contracts and a 7.3% share.
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By GlobalDataOn the basis of the last 12-month average, Europe held a lead over others with 177 contracts, followed by Asia-Pacific with 112.
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Solar tops by technology in August 2021
Looking at contracts by the type of technology, solar accounted for the largest proportion with 125 contracts and a 51.9% share, followed by wind with 70 contracts and a 29% share and hydro with 17 contracts and a 7.1% share.
Looking at power industry contracts divided by segment as tracked by GlobalData, Electricity Procurement was the most popular segment during August 2021, with 93 contracts, followed by Power Plant (71) and Generation Equipment (55).
The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Supply & Erection: 86 contracts and a 31.4% share
- Power Purchase Agreement: 80 contracts and a 29.2% share
- Project Implementation: 70 contracts and a 25.5% share
- Consulting & Similar Services: 19 contracts and a 6.9% share
- Repair, Maintenance, Upgrade & Others: nine contracts and a 3.3% share
- Electricity Supply: eight contracts and a 2.9% share
- Others: two contracts and a 0.7% share.
Power contracts in August 2021: Top companies by capacity
The top issuers of contracts for the month in terms of power capacity involved were:
- Government of Iraq (Iraq) and Hubei Energy Group Xiangyang Yicheng Power Generation: 2,000MW from one contract
- Solar Energy Corporation of India (India): 1,600MW from five contracts
- Tsingshan Holding Group (China): 1,140MW capacity from one contract.
Power contracts in August 2021: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved were:
- China Energy Engineering Group Planning and Engineering (China) and Power Construction Corporation of China (China): 2,000MW from one contract
- Zhejiang Thermal Power Construction (China): 1,140MW from one contract
- ReNew Power Ventures Pvt (India): 900MW capacity from two contracts.
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.
