Wind technology contracts activity in May 2022 saw 50 contracts announced, marking a drop of 48% over the last 12-month average of 96, according to GlobalData’s power industry contracts database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Onshore was the top category in wind technology in terms of number of contracts for the month, accounting for 38 contracts and a 76% share, followed by Offshore with 12 contracts and a 24% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Looking at global power contracts activity divided by the type of technology, wind held the second position in terms of number of contracts during May 2022 with a 27% share.

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

  1. Project Implementation: 15 contracts and a 30% share
  2. Supply & Erection: 14 contracts and a 28% share
  3. Consulting & Similar Services: ten contracts and a 20% share
  4. Power Purchase Agreement: nine contracts and an 18% share
  5. Repair, Maintenance, Upgrade & Others: two contracts and a 4% share.

Asia-Pacific leads wind contracts activity in May 2022

Comparing contracts activity in wind technology in different regions of the globe, Asia-Pacific held the top position with 22 contracts and a share of 44% during May 2022, followed by Europe with 17 contracts and a 34% share and North America with seven contracts and a 14% share.

In fourth place was South and Central America with two contracts and a 4% share and in fifth place was Middle East and Africa with two contracts and a 4% share.

Wind technology contracts in May 2022: Top companies by capacity

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

  1. Neom (Saudi Arabia): 4,300MW from one contract
  2. People’s Government of Yongfu County: 900MW from one contract
  3. Solar Energy Corporation of India (India): 420MW capacity from two contracts.

Wind technology contracts in May 2022: Top winners by capacity

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

  1. Larsen & Toubro (Oman) (Oman): 4,300MW from one contract
  2. Dongfang Electric (China): 1,027.5MW from one contract
  3. China Energy Engineering (China): 750MW capacity from two 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.