Solar technology contracts activity in Q3 2022 saw 146 contracts announced, marking a drop of 65% over the last four-quarter average of 420, according to GlobalData’s power industry contracts database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • 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, solar held the top position in terms of number of contracts during Q3 2022 with a 44% share.

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

  1. Power Purchase Agreement: 68 contracts and a 46.6% share
  2. Project Implementation: 59 contracts and a 40.4% share
  3. Consulting & Similar Services: 16 contracts and an 11% share
  4. Others: two contracts and a 1.4% share
  5. Supply & Erection: one contract and a 0.7% share.

Asia-Pacific leads solar contracts activity in Q3 2022

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Comparing contracts activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 81 contracts and a share of 55.5% during Q3 2022, followed by Europe with 33 contracts and a 22.6% share and Middle East and Africa with 16 contracts and an 11% share.

See Also:

In fourth place was North America with 11 contracts and a 7.5% share and in fifth place was South and Central America with five contracts and a 3.4% share.

  • Embed this chart

    Embed this chart into your website

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

Solar technology contracts in Q3 2022: Top companies by capacity

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

  1. Government Of Rajasthan (India): 10,000MW from one contract
  2. Xinjiang Yecheng: 2,000MW from one contract
  3. Philippines Department of Energy (Philippines): 1,490.38MW capacity from seven contracts.

Solar 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. NTPC Renewable Energy (India): 10,000MW from one contract
  2. China Energy Engineering (China): 5,250.7MW from 28 contracts
  3. PetroChina (China): 2,000MW 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.