Wind technology contracts activity in Q3 2022 saw 112 contracts announced, marking a drop of 58% over the last four-quarter average of 268, 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 quarter, accounting for 77 contracts and a 68.8% share, followed by Offshore with 35 contracts and a 31.3% 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 Q3 2022 with a 33.7% share.

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

  1. Power Purchase Agreement: 49 contracts and a 43.8% share
  2. Supply & Erection: 22 contracts and a 19.6% share
  3. Project Implementation: 21 contracts and an 18.8% share
  4. Consulting & Similar Services: 18 contracts and a 16.1% share
  5. Repair, Maintenance, Upgrade & Others: two contracts and a 1.8% share.

Europe leads wind contracts activity in Q3 2022

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 54 contracts and a share of 48.2% during Q3 2022, followed by Asia-Pacific with 47 contracts and a 42% share and North America with seven contracts and a 6.3% share.

In fourth place was South and Central America with three contracts and a 2.7% share and in fifth place was Middle East and Africa with one contract and a 0.9% share.

Wind technology contracts in Q3 2022: Top companies by capacity

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

  1. Department for Business, Energy and Industrial Strategy (United Kingdom): 8,511.9MW from 22 contracts
  2. EnBW Energy Solutions (Germany): 900MW from one contract
  3. Hydro Rein Invest (Norway): 586MW capacity from one contract.

Wind 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. Orsted (Denmark): 2,877.8MW from two contracts
  2. China Energy Engineering (China): 2,010MW from 12 contracts
  3. Norfolk Boreas (United Kingdom): 1,396MW 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.