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November 12, 2021

Global power industry tenders in October 2021: Solar technology down 10%

Solar technology tenders activity in October 2021 saw 121 tenders announced, marking a drop of 10% over the last 12-month average of 135, 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 October 2021 with a 41.4% share.

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

  1. Project Implementation: 91 tenders and a 75.2% share
  2. Supply & Erection: 11 tenders and a 9.1% share
  3. Power Purchase Agreement: seven tenders and a 5.8% share
  4. Consulting & Similar Services: seven tenders and a 5.8% share
  5. Electricity Supply: two tenders and a 1.7% share
  6. Repair, Maintenance, Upgrade & Others: two tenders and a 1.7% share
  7. Others: one tender and a 0.8% share.

Middle East and Africa leads solar tenders activity in October 2021

Comparing tenders activity in solar technology in different regions of the globe, Middle East and Africa held the top position with 51 tenders and a share of 42.1% during October 2021, followed by Asia-Pacific with 28 tenders and a 23.1% share and Europe with 23 tenders and a 19% share.

In fourth place was North America with 14 tenders and an 11.6% share and in fifth place was South and Central America with five tenders and a 4.1% share.

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Solar technology tenders in October 2021: Top companies by capacity

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

  1. Renewable Energy and Electricity Efficiency Organization: 10,000MW from one tender
  2. Department of Mineral Resources and Energy (South Africa): 2,600MW from one tender
  3. Maharashtra State Electricity Distribution (India): 1,694MW capacity from two 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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