There were 45 generation equipment contracts announced in the North America region in Q3 2021, marking a drop of 15% over the last four-quarter average of 53, according to GlobalData’s power industry contracts database.
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Electricity Procurement stood at first place when compared with other power tender categories in the North America region in Q3 2021 with 84 contracts and a 39.1% share, followed by Generation Equipment with 45 contracts and a 20.9% share and Power Plant with 40 contracts and an 18.6% share during the quarter.
The proportion of contracts by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 37 contracts and an 82.2% share
- Repair, Maintenance, Upgrade & Others: seven contracts and a 15.6% share
- Project Implementation: one contract and a 2.2% share.
Solar is top technology for North America generation equipment contracts in Q3 2021
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By GlobalDataLooking at generation equipment contracts by the type of technology in the North America region, solar accounted for 17 contracts with a 38.6% share, followed by wind with 13 contracts and a 29.5% share and thermal with seven contracts and a 15.9% share.
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North America generation equipment contracts in Q3 2021: Top companies by capacity
The top issuers of generation equipment contracts for the quarter in terms of power capacity involved in North America were:
- Intersect Power (United States): 313MW from one contract
- WattBridge Energy (United States): 288MW from one contract.
North America generation equipment contracts in Q3 2021: Top winners by capacity
The top winners of contracts for the quarter in terms of power capacity involved in North America were:
- First Solar (United States): 313MW from one contract
- ProEnergy Services (United States): 288MW 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.