View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
April 11, 2022

Global power industry tenders in Q1 2022: Solar technology down 78%

By Carmen

Solar technology tenders activity in Q1 2022 saw 82 tenders announced, marking a drop of 78% over the last four-quarter average of 374, according to GlobalData’s power industry tenders database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Looking at global power tenders activity divided by the type of technology, solar held the top position in terms of number of tenders during Q1 2022 with a 44.3% share.

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

  1. Project Implementation: 49 tenders and a 59.8% share
  2. Consulting & Similar Services: 11 tenders and a 13.4% share
  3. Supply & Erection: nine tenders and an 11% share
  4. Electricity Supply: eight tenders and a 9.8% share
  5. Power Purchase Agreement: three tenders and a 3.7% share
  6. Repair, Maintenance, Upgrade & Others: two tenders and a 2.4% share.

Asia-Pacific leads solar tenders activity in Q1 2022

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 25 tenders and a share of 30.5% during Q1 2022, followed by Europe with 23 tenders and a 28% share and North America with 17 tenders and a 20.7% share.

In fourth place was Middle East and Africa with 14 tenders and a 17.1% share and in fifth place was South and Central America with three tenders and a 3.7% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Solar technology tenders in Q1 2022: Top companies by capacity

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

  1. Bundesnetzagentur (Germany): 5,901MW from six tenders
  2. Philippines Department of Energy (Philippines) and Rajasthan Rajya Vidyut Utpadan Nigam: 2,000MW from one tender
  3. Indiana Michigan Power (United States): 1,300MW 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.

Related Companies

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Power Technology