There were 28 power plant contracts announced in the Middle East and Africa region in October 2021, marking a rise of 180% over the last 12-month average of 10, according to GlobalData’s power industry contracts database.

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Power Plant stood at first place when compared with other power tender categories in the Middle East and Africa region in October 2021 with 28 contracts and a 53.8% share, followed by T&D Project with six contracts and an 11.5% share and Electricity Procurement with six contracts and an 11.5% share during the month.

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

  1. Project Implementation: 27 contracts and a 96.4% share
  2. Power Purchase Agreement: one contract and a 3.6% share.

Solar is top technology for Middle East and Africa power plant contracts in October 2021

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Looking at power plant contracts by the type of technology in the Middle East and Africa region, solar accounted for 13 contracts with a 46.4% share, followed by wind with 13 contracts and a 46.4% share and thermal with two contracts and a 7.1% share.

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Middle East and Africa power plant contracts in October 2021: Top companies by capacity

The top issuers of power plant contracts for the month in terms of power capacity involved in Middle East and Africa were:

  1. Department of Energy, South Africa (South Africa): 2,331MW from 19 contracts
  2. Ministry of Electricity, Iraq (Iraq) and National Investment Commission, Iraq: 1,000MW from one contract
  3. Egyptian Electricity Transmission (Egypt): 500MW capacity from one contract.

Middle East and Africa power plant contracts in October 2021: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in Middle East and Africa were:

  1. H1 Holdings (South Africa): 1,911MW from 16 contracts
  2. Mainstream Renewable Power South Africa (South Africa) and Globeleq Africa (United Kingdom): 1,274MW from 12 contracts
  3. Abu Dhabi Future Energy (United Arab Emirates): 1,000MW capacity from one contract.

All publicly-announced contracts 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 contracts are available for subscribers to GlobalData’s Power database.