Solar technology contracts activity in July 2021 saw 136 contracts announced, marking a drop of 21% 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 July 2021 with a 49.5% share.

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

  1. Power Purchase Agreement: 55 contracts and a 40.4% share
  2. Project Implementation: 41 contracts and a 30.1% share
  3. Supply & Erection: 30 contracts and a 22.1% share
  4. Consulting & Similar Services: four contracts and a 2.9% share
  5. Electricity Supply: four contracts and a 2.9% share
  6. Repair, Maintenance, Upgrade & Others: two contracts and a 1.5% share.

Asia-Pacific leads solar contracts activity in July 2021

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Comparing contracts activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 56 contracts and a share of 41.2% during July 2021, followed by North America with 36 contracts and a 26.5% share and Europe with 27 contracts and a 19.9% share.

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In fourth place was Middle East and Africa with 12 contracts and an 8.8% share and in fifth place was South and Central America with five contracts and a 3.7% share.

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Solar technology contracts in July 2021: Top companies by capacity

The top issuers of contracts in Solar technology 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. Intersect Power (United States): 1,041MW capacity from three contracts.

Solar technology 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. Abu Dhabi Future Energy (United Arab Emirates): 1,080MW capacity from four 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.