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June 22, 2022

Global power industry tenders for May 2022 down 54%

By Carmen

Power industry tenders activity in May 2022 saw 254 tenders announced, marking a drop of 54% over the last 12-month average of 550, according to GlobalData’s power database.

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Power industry tenders in May 2022: Asia-Pacific leads global activity

On comparing tenders activity in different regions of the globe, Asia-Pacific held the top position with 135 tenders and a share of 53.1% during May 2022, followed by Middle East and Africa with 42 tenders and a 16.5% share and North America with 37 tenders and a 14.6% share.

In fourth place was Europe with 33 tenders and a 13% share and in fifth place was South and Central America with seven tenders and a 2.8% share.

On the basis of the last 12-month average, North America held a lead over others with 170 tenders, followed by Asia-Pacific with 136.

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Thermal tops by technology in May 2022

Looking at tenders by the type of technology, thermal accounted for the largest proportion with 46 tenders and a 76.7% share, followed by solar with ten tenders and a 16.7% share and nuclear with two tenders and a 3.3% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment during May 2022, with 146 tenders, followed by T&D Project (56) and Generation Equipment (46).

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

  1. Supply & Erection: 175 tenders and a 68.9% share
  2. Project Implementation: 48 tenders and an 18.9% share
  3. Repair, Maintenance, Upgrade & Others: 15 tenders and a 5.9% share
  4. Consulting & Similar Services: 13 tenders and a 5.1% share
  5. Others: three tenders and a 1.2% share.

Power tenders in May 2022: Top companies by capacity

The top issuers of tenders for the month in terms of power capacity involved were:

  1. Germany Trade And Invest (Germany): 79.25MW from four tenders
  2. Gaziantep Metropolitan Municipality (Turkey): 27MW from one tender.

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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