There were 38 power plant contracts announced in the Middle East and Africa region in Q4 2019, marking a drop of 3% over the last 12-month average of 39, 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 Q4 2019 with 38 contracts and a 39.6% share, followed by T&D Project with 24 contracts and a 25% share and Generation Equipment with 13 contracts and a 13.5% share during the quarter.

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

  1. Project Implementation: 22 contracts and a 57.9% share
  2. Power Purchase Agreement: six contracts and a 15.8% share
  3. Consulting & Similar Services: five contracts and a 13.2% share
  4. Repair, Maintenance, Upgrade & Others: five contracts and a 13.2% share.

Solar is top technology for Middle East and Africa power plant contracts in Q4 2019

Looking at power plant contracts by the type of technology in the Middle East and Africa region, solar accounted for 22 contracts with a 52.4% share, followed by thermal with seven contracts and a 16.7% share and wind with six contracts and a 14.3% share.

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Middle East and Africa power plant contracts in Q4 2019: Top companies by capacity

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

  1. Dubai Electricity and Water Authority (United Arab Emirates) and Egyptian Electricity Transmission (Egypt): 900MW from one contract
  2. Thermal Power Plant Holding (Iran): 451MW from one contract
  3. Lekela Power (South Africa): 249.6MW capacity from one contract.

Middle East and Africa power plant contracts in Q4 2019: Top winners by capacity

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

  1. China Gezhouba Group International Engineering (China): 1,100MW from two contracts
  2. China Energy Engineering Group International Engineering (China): 1,000MW from one contract
  3. Gulf Investment (Kuwait) and ACWA Holding (Saudi Arabia): 900MW 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.