Power industry contracts activity in October 2021 saw 235 contracts announced, marking a drop of 42% over the last 12-month average of 405, according to GlobalData’s power database.
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Power industry contracts in October 2021: Europe leads global activity
On comparing contracts activity in different regions of the globe, Europe held the top position with 67 contracts and a share of 28.5% during October 2021, followed by Asia-Pacific with 62 contracts and a 26.4% share and North America with 51 contracts and a 21.7% share.
In fourth place was Middle East and Africa with 47 contracts and a 20% share and in fifth place was South and Central America with eight contracts and a 3.4% share.
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By GlobalDataOn the basis of the last 12-month average, Europe held a lead over others with 172 contracts, followed by Asia-Pacific with 111.
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Solar tops by technology in October 2021
Looking at contracts by the type of technology, solar accounted for the largest proportion with 117 contracts and a 54.7% share, followed by wind with 67 contracts and a 31.3% share and hydro with ten contracts and a 4.7% share.
Looking at power industry contracts divided by segment as tracked by GlobalData, Power Plant was the most popular segment during October 2021, with 104 contracts, followed by Electricity Procurement (65) and Generation Equipment (48).
The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Project Implementation: 104 contracts and a 44.3% share
- Supply & Erection: 57 contracts and a 24.3% share
- Power Purchase Agreement: 46 contracts and a 19.6% share
- Consulting & Similar Services: 15 contracts and a 6.4% share
- Repair, Maintenance, Upgrade & Others: six contracts and a 2.6% share
- Electricity Supply: four contracts and a 1.7% share
- Others: three contracts and a 1.3% share.
Power contracts in October 2021: Top companies by capacity
The top issuers of contracts for the month in terms of power capacity involved were:
- Department of Energy, South Africa (South Africa): 2,331MW from 19 contracts
- Energy Bureau of Guangxi Zhuang Autonomous Region: 1,550MW from one contract
- Ministry of Electricity, Iraq (Iraq), Ministry of Energy of the Republic of Kazakhstan (Kazakhstan) and National Investment Commission, Iraq: 1,000MW capacity from one contract.
Power contracts in October 2021: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved were:
- H1 Holdings (South Africa): 1,911MW from 16 contracts
- Globeleq Africa (United Kingdom) and Mainstream Renewable Power South Africa (South Africa): 1,274MW from 12 contracts
- Abu Dhabi Future Energy (United Arab Emirates) and Total Eren (France): 1,000MW 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.
