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August 20, 2021

Global power industry contracts in July 2021: Wind technology down 30%

Wind technology contracts activity in July 2021 saw 76 contracts announced, marking a drop of 30% over the last 12-month average of 108, 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 63 contracts and an 82.9% share, followed by Offshore with 13 contracts and a 17.1% 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 July 2021 with a 27.6% share.

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

  1. Power Purchase Agreement: 27 contracts and a 35.5% share
  2. Supply & Erection: 22 contracts and a 28.9% share
  3. Project Implementation: 13 contracts and a 17.1% share
  4. Consulting & Similar Services: nine contracts and an 11.8% share
  5. Repair, Maintenance, Upgrade & Others: three contracts and a 3.9% share
  6. Electricity Supply: two contracts and a 2.6% share.

Europe leads wind contracts activity in July 2021

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 37 contracts and a share of 48.7% during July 2021, followed by Asia-Pacific with 24 contracts and a 31.6% share and North America with 11 contracts and a 14.5% share.

In fourth place was South and Central America with two contracts and a 2.6% share and in fifth place was Middle East and Africa with two contracts and a 2.6% share.

Wind technology contracts in July 2021: Top companies by capacity

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

  1. Akimat of Mangystau Region: 30,000MW from one contract
  2. BSES Rajdhani Power (India) and BSES Yamuna Power (India): 510MW from one contract
  3. Amazon.com (United States): 474MW capacity from one contract.

Wind 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. Shandong Yijian Construction (China): 1,800MW from two contracts
  3. Solar Energy Corporation of India (India): 510MW 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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