Hydro technology contracts activity in Q3 2021 saw 57 contracts announced, marking a drop of 23% over the last four-quarter average of 74, according to GlobalData’s power industry contracts database.

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Looking at global power contracts activity divided by the type of technology, hydro held the fourth position in terms of number of contracts during Q3 2021 with a 6.5% share.

The proportion of contracts by category in the Hydro technology tracked by GlobalData in the quarter was as follows:

  1. Project Implementation: 15 contracts and a 26.3% share
  2. Power Purchase Agreement: 14 contracts and a 24.6% share
  3. Supply & Erection: 12 contracts and a 21.1% share
  4. Repair, Maintenance, Upgrade & Others: eight contracts and a 14% share
  5. Consulting & Similar Services: six contracts and a 10.5% share
  6. Electricity Supply: two contracts and a 3.5% share.

Europe leads hydro contracts activity in Q3 2021

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By GlobalData

Comparing contracts activity in hydro technology in different regions of the globe, Europe held the top position with 22 contracts and a share of 38.6% during Q3 2021, followed by Asia-Pacific with 18 contracts and a 31.6% share and South and Central America with eight contracts and a 14% share.

In fourth place was North America with five contracts and an 8.8% share and in fifth place was Middle East and Africa with four contracts and a 7% share.

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Hydro technology contracts in Q3 2021: Top companies by capacity

The top issuers of contracts in Hydro technology for the quarter in terms of power capacity involved were:

  1. State Grid Corporation of China (China): 1,200MW from one contract
  2. Korporata Elektroenergjitike Shqiptare (Albania) and SJVN (India): 210MW from one contract
  3. Nordural Grundartangi ehf: 182MW capacity from one contract.

Hydro technology contracts in Q3 2021: Top winners by capacity

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

  1. Sinohydro Bureau 12 (China): 1,200MW from one contract
  2. Bechtel (United States), HES Infra (India) and Patel Engineering (India): 210MW from one contract
  3. Landsvirkjun hf (Iceland): 182MW 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.