Power industry contracts activity in July 2021 saw 302 contracts announced, marking a drop of 28% over the last 12-month average of 419, according to GlobalData’s power database.

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Power industry contracts in July 2021: Asia-Pacific leads global activity

On comparing contracts activity in different regions of the globe, Asia-Pacific held the top position with 109 contracts and a share of 36.1% during July 2021, followed by Europe with 87 contracts and a 28.8% share and North America with 58 contracts and a 19.2% share.

In fourth place was Middle East and Africa with 31 contracts and a 10.3% share and in fifth place was South and Central America with 17 contracts and a 5.6% share.

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On the basis of the last 12-month average, Europe held a lead over others with 186 contracts, followed by Asia-Pacific with 107.

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Solar tops by technology in July 2021

Looking at contracts by the type of technology, solar accounted for the largest proportion with 136 contracts and a 49.5% share, followed by wind with 76 contracts and a 27.6% share and thermal with 21 contracts and a 7.6% share.

Looking at power industry contracts divided by segment as tracked by GlobalData, Power Plant was the most popular segment during July 2021, with 103 contracts, followed by Electricity Procurement (89) and Generation Equipment (78).

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

  1. Project Implementation: 91 contracts and a 30.1% share
  2. Power Purchase Agreement: 82 contracts and a 27.2% share
  3. Supply & Erection: 79 contracts and a 26.2% share
  4. Repair, Maintenance, Upgrade & Others: 23 contracts and a 7.6% share
  5. Consulting & Similar Services: 22 contracts and a 7.3% share
  6. Electricity Supply: five contracts and a 1.7% share.

Power contracts in July 2021: Top companies by capacity

The top issuers of contracts for the month in terms of power capacity involved were:

  1. Akimat of Mangystau Region: 30,000MW from one contract
  2. Badan Pengusahaan Batam: 2,200MW from one contract
  3. State Grid Corporation of China (China): 1,200MW capacity from one contract.

Power contracts in July 2021: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved were:

  1. Svevind (Sweden): 30,000MW from one contract
  2. Sunseap Group Pte (Singapore): 2,200MW from one contract
  3. Shandong Yijian Construction (China): 1,800MW 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.