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September 8, 2021

Global power industry contracts in August 2021: Wind technology down 34%

By admin-demo

Wind technology contracts activity in August 2021 saw 70 contracts announced, marking a drop of 34% over the last 12-month average of 106, according to GlobalData’s power industry contracts database.

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Onshore was the top category in wind technology in terms of number of contracts for the month, accounting for 58 contracts and an 81.7% share, followed by Offshore with 13 contracts and an 18.3% share.

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Looking at global power contracts activity divided by the type of technology, wind held the second position in terms of number of contracts during August 2021 with a 29% share.

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

  1. Power Purchase Agreement: 24 contracts and a 34.3% share
  2. Supply & Erection: 23 contracts and a 32.9% share
  3. Project Implementation: 12 contracts and a 17.1% share
  4. Consulting & Similar Services: eight contracts and an 11.4% share
  5. Electricity Supply: two contracts and a 2.9% share
  6. Repair, Maintenance, Upgrade & Others: one contract and a 1.4% share.

Europe leads wind contracts activity in August 2021

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 31 contracts and a share of 44.3% during August 2021, followed by Asia-Pacific with 23 contracts and a 32.9% share and North America with ten contracts and a 14.3% share.

In fourth place was South and Central America with six contracts and an 8.6% share.

Wind technology contracts in August 2021: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 1,600MW from five contracts
  2. RackBank Datacenters: 500MW from one contract
  3. Axpo Holding (Switzerland): 300MW capacity from one contract.

Wind technology contracts in August 2021: Top winners by capacity

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

  1. ReNew Power Ventures Pvt (India): 900MW from two contracts
  2. NTPC (India) and Ayana Renewable Power Pvt (India): 450MW from one contract
  3. CEZ Romania (Romania): 300MW 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.

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