Biopower technology contracts activity in Q4 2021 saw 22 contracts announced, marking a drop of 8% over the last four-quarter average of 24, according to GlobalData’s power industry contracts database.
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Looking at global power contracts activity divided by the type of technology, biopower held the sixth position in terms of number of contracts during Q4 2021 with a 2.4% share.
The proportion of contracts by category in the Biopower technology tracked by GlobalData in the quarter was as follows:
- Project Implementation: 13 contracts and a 59.1% share
- Supply & Erection: six contracts and a 27.3% share
- Repair, Maintenance, Upgrade & Others: one contract and a 4.5% share
- Consulting & Similar Services: one contract and a 4.5% share
- Power Purchase Agreement: one contract and a 4.5% share.
Asia-Pacific leads biopower contracts activity in Q4 2021
Comparing contracts activity in biopower technology in different regions of the globe, Asia-Pacific held the top position with 15 contracts and a share of 68.2% during Q4 2021, followed by Europe with six contracts and a 27.3% share and North America with one contract and a 4.5% share.
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Biopower technology contracts in Q4 2021: Top companies by capacity
The top issuers of contracts in Biopower technology for the quarter in terms of power capacity involved were:
- Itochu (Japan), Kyuden Mirai Energy (Japan), Tahara Green Biomass Godo Kaisha and Tokyu Land (Japan): 50MW from one contract
- North Dhaka City Government, Power Grid Company of Bangladesh (Bangladesh) and Bangladesh Power Development Board (Bangladesh): 42.5MW from one contract
- Brockwell Energy (United Kingdom): 23MW capacity from one contract.
Biopower technology contracts in Q4 2021: Top winners by capacity
The top winners of contracts for the quarter in terms of power capacity involved were:
- Toyo Engineering (Japan): 50MW from one contract
- China Machinery Engineering (China): 42.5MW from one contract
- China Everbright Environment Group (Hong Kong): 39MW capacity from three 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.