There were 23 generation equipment contracts announced in the North America region in June 2021, marking a rise of 35% over the last 12-month average of 17, 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 June 2021 with 38 contracts and a 45.8% share, followed by Generation Equipment with 23 contracts and a 27.7% share and Power Plant with 12 contracts and a 14.5% share during the month.

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

  1. Supply & Erection: 16 contracts and a 69.6% share
  2. Repair, Maintenance, Upgrade & Others: seven contracts and a 30.4% share.

Thermal is top technology for North America generation equipment contracts in June 2021

Looking at generation equipment contracts by the type of technology in the North America region, thermal accounted for ten contracts with a 43.5% share, followed by solar with seven contracts and a 30.4% share and wind with five contracts and a 21.7% share.

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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.