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August 20, 2021

Global power industry tenders in July 2021: Solar technology down 20%

Solar technology tenders activity in July 2021 saw 110 tenders announced, marking a drop of 20% over the last 12-month average of 137, according to GlobalData ‘s power industry tenders database.

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Looking at global power tenders activity divided by the type of technology, solar held the second position in terms of number of tenders during July 2021 with a 37.5% share.

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

  1. Project Implementation: 75 tenders and a 68.2% share
  2. Consulting & Similar Services: 12 tenders and a 10.9% share
  3. Supply & Erection: 12 tenders and a 10.9% share
  4. Repair, Maintenance, Upgrade & Others: eight tenders and a 7.3% share
  5. Power Purchase Agreement: three tenders and a 2.7% share.

Asia-Pacific leads solar tenders activity in July 2021

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 37 tenders and a share of 33.6% during July 2021, followed by Middle East and Africa with 29 tenders and a 26.4% share and Europe with 22 tenders and a 20% share.

In fourth place was North America with 20 tenders and an 18.2% share and in fifth place was South and Central America with two tenders and a 1.8% share.

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Solar technology tenders in July 2021: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 1,301MW from three tenders
  2. Ministry of Energy and Natural Resources, Turkey (Turkey): 1,000MW from one tender
  3. The Islamic Charity Center Society: 950MW capacity 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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