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  1. Market Data
April 8, 2022

Global power industry tenders for March 2022 down 83%

By Carmen

Power industry tenders activity in March 2022 saw 112 tenders announced, marking a drop of 83% over the last 12-month average of 651, according to GlobalData’s power database.

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Power industry tenders in March 2022: Middle East and Africa leads global activity


On comparing tenders activity in different regions of the globe, Middle East and Africa held the top position with 41 tenders and a share of 36.6% during March 2022, followed by Asia-Pacific with 33 tenders and a 29.5% share and Europe with 19 tenders and a 17% share.

In fourth place was North America with 13 tenders and an 11.6% share and in fifth place was South and Central America with six tenders and a 5.4% share.

On the basis of the last 12-month average, North America held a lead over others with 208 tenders, followed by Middle East and Africa with 160.

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Solar tops by technology in March 2022


Looking at tenders by the type of technology, solar accounted for the largest proportion with seven tenders and a 58.3% share, followed by hydro with two tenders and a 16.7% share and nuclear with one tender and an 8.3% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment during March 2022, with 65 tenders, followed by T&D Project (24) and Smart Grid (11).

The proportion of tenders by category tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 78 tenders and a 69.6% share
  2. Project Implementation: 18 tenders and a 16.1% share
  3. Consulting & Similar Services: 11 tenders and a 9.8% share
  4. Repair, Maintenance, Upgrade & Others: five tenders and a 4.5% share.


Power tenders in March 2022: Top companies by capacity


The top issuer of tenders for the month in terms of power capacity involved was: Germany Trade And Invest (Germany) with 26.9MW from four tenders.

All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.

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