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July 14, 2022

Global power industry tenders in Q2 2022: Solar technology down 83%

By Carmen

Solar technology tenders activity in Q2 2022 saw 49 tenders announced, marking a drop of 83% over the last four-quarter average of 296, 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 Q2 2022 with a 26.3% share.

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

  1. Project Implementation: 39 tenders and a 79.6% share
  2. Consulting & Similar Services: seven tenders and a 14.3% share
  3. Supply & Erection: two tenders and a 4.1% share
  4. Electricity Supply: one tender and a 2% share.

Asia-Pacific leads solar tenders activity in Q2 2022

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 23 tenders and a share of 46.9% during Q2 2022, followed by Middle East and Africa with 14 tenders and a 28.6% share and Europe with six tenders and a 12.2% share.

In fourth place was South and Central America with four tenders and an 8.2% share and in fifth place was North America with two tenders and a 4.1% share.

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Solar technology tenders in Q2 2022: Top companies by capacity

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

  1. Emirates Water and Electricity (United Arab Emirates): 1,500MW from one tender
  2. NTPC Renewable Energy (India): 1,255MW from one tender
  3. Germany Trade And Invest (Germany): 292.93MW capacity from ten 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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