Hydro technology contracts activity in Q3 2022 saw 20 contracts announced, marking a drop of 59% over the last four-quarter average of 49, 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 2022 with a 6% share.

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

  1. Power Purchase Agreement: ten contracts and a 50% share
  2. Project Implementation: four contracts and a 20% share
  3. Consulting & Similar Services: three contracts and a 15% share
  4. Supply & Erection: two contracts and a 10% share
  5. Repair, Maintenance, Upgrade & Others: one contract and a 5% share.

Asia-Pacific leads hydro contracts activity in Q3 2022

Comparing contracts activity in hydro technology in different regions of the globe, Asia-Pacific held the top position with 14 contracts and a share of 70% during Q3 2022, followed by Europe with three contracts and a 15% share and Middle East and Africa with three contracts and a 15% share.

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Hydro technology contracts in Q3 2022: Top companies by capacity

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

  1. PTC India (India): 1,569MW from one contract
  2. Government of Malawi and International Finance (United States): 350MW from one contract
  3. Delhi International Airport (India): 180MW capacity from one contract.

Hydro technology contracts in Q3 2022: Top winners by capacity

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

  1. SJVN Arun -3 Power Development (Nepal): 1,569MW from one contract
  2. Scatec (Norway) and Electricite de France (France): 350MW from one contract
  3. GMR Energy (India) and Sinohydro Bureau three (China): 180MW 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.