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  1. Market Data
April 11, 2022

North America generation equipment tenders activity down 81% in Q1 2022

By Carmen

There were 51 generation equipment tenders announced in the North America region in Q1 2022, marking a drop of 81% over the last four-quarter average of 264, according to GlobalData’s power industry tenders database.

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T&D Equipment stood at first place when compared with other power tender categories in the North America region in Q1 2022 with 83 tenders and a 45.6% share, followed by Generation Equipment with 51 tenders and a 28% share and Energy Storage with 26 tenders and a 14.3% share during the quarter.

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

  1. Supply & Erection: 34 tenders and a 66.7% share
  2. Repair, Maintenance, Upgrade & Others: 17 tenders and a 33.3% share.

Thermal is top technology for North America generation equipment tenders in Q1 2022

Looking at generation equipment tenders by the type of technology in the North America region, thermal accounted for 47 tenders with a 92.2% share, followed by solar with four tenders and a 7.8% share.

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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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