Solar technology contracts activity in December 2021 saw 146 contracts announced, marking a drop of 15% over the last 12-month average of 172, according to GlobalData’s power industry contracts database.

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Looking at global power contracts activity divided by the type of technology, solar held the top position in terms of number of contracts during December 2021 with a 52.5% share.

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

  1. Project Implementation: 68 contracts and a 46.6% share
  2. Power Purchase Agreement: 50 contracts and a 34.2% share
  3. Supply & Erection: 26 contracts and a 17.8% share
  4. Electricity Supply: two contracts and a 1.4% share.

Asia-Pacific leads solar contracts activity in December 2021

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Comparing contracts activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 74 contracts and a share of 50.7% during December 2021, followed by Europe with 40 contracts and a 27.4% share and North America with 18 contracts and a 12.3% share.

In fourth place was Middle East and Africa with eight contracts and a 5.5% share and in fifth place was South and Central America with six contracts and a 4.1% share.

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Solar technology contracts in December 2021: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 8,885MW from nine contracts
  2. Amazon Web Services (United States): 1,970MW from four contracts
  3. Weyerhaeuser (United States): 1,000MW capacity from one contract.

Solar technology contracts in December 2021: Top winners by capacity

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

  1. Adani Green Energy (India): 4,667MW from one contract
  2. Azure Power (India): 2,333MW from one contract
  3. Apex Clean Energy Holdings (United States): 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.