Power industry contracts activity in November 2022 saw 62 contracts announced, marking a drop of 76% over the last 12-month average of 256, according to GlobalData’s power database.
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Power industry contracts in November 2022: Europe leads global activity
On comparing contracts activity in different regions of the globe, Europe held the top position with 21 contracts and a share of 33.9% during November 2022, followed by North America with 13 contracts and a 21% share and Asia-Pacific with 11 contracts and a 17.7% share.
In fourth place was Middle East and Africa with ten contracts and a 16.1% share and in fifth place was South and Central America with seven contracts and an 11.3% share.
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By GlobalDataOn the basis of the last 12-month average, Asia-Pacific held a lead over others with 107 contracts, followed by Europe with 77.
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Solar tops by technology in November 2022
Looking at contracts by the type of technology, solar accounted for the largest proportion with 32 contracts and a 56.1% share, followed by wind with 19 contracts and a 33.3% share and thermal with three contracts and a 5.3% share.
Looking at power industry contracts divided by segment as tracked by GlobalData, Electricity Procurement was the most popular segment during November 2022, with 46 contracts, followed by Power Plant (16) and T&D Project (6).
The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Power Purchase Agreement: 46 contracts and a 74.2% share
- Project Implementation: 12 contracts and a 19.4% share
- Supply & Erection: two contracts and a 3.2% share
- Consulting & Similar Services: one contract and a 1.6% share
- Repair, Maintenance, Upgrade & Others: one contract and a 1.6% share.
Power contracts in November 2022: Top companies by capacity
The top issuers of contracts for the month in terms of power capacity involved were:
- Hassan Allam Utilities (Egypt): 10,000MW from one contract
- Bangladesh Garment Manufacturers and Exporters Association: 2,000MW from one contract
- Scala Data Centers: 1,600MW capacity from one contract.
Power contracts in November 2022: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved were:
- Infinity Energy (Egypt) and Masdar (United Arab Emirates): 10,000MW from one contract
- Huawei Technologies (China): 2,000MW from one contract
- Enel Americas (Chile): 1,600MW capacity from one contract.
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.
