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February 9, 2021

Power industry tenders in North America for January 2021 down 5%

By Amit Sharma

North America power industry tenders activity in January 2021 saw 203 tenders announced, marking a drop of 5% over the last 12-month average of 213, according to GlobalData’s power database.

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North America power industry tenders in January 2021: The US leads activity

Looking at tenders by country, the US led the activity in January 2021 with 161 tenders and a share of 79.3%, down 6.3% over the previous month and down 10% when compared with the last 12 month-average, followed by Canada with 39 tenders and a share of 19.2% and Puerto Rico with three tenders and a share of 1.5% during the month.

Looking at the last 12-month average, the US held the top spot with 178 tenders, followed by Canada with 34.

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Thermal is top technology area for tenders in January 2021

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 84 tenders and a 71.8% share, followed by solar with 18 tenders and a 15.4% share and wind with seven tenders and a 6% share.

Looking at power industry tenders divided by segment in North America as tracked by GlobalData, Generation Equipment was the most popular segment in January 2021, with 84 tenders, followed by T&D Equipment (78) and Energy Storage (15).

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

  1. Supply & Erection: 135 tenders and a 66.5% share
  2. Repair, Maintenance, Upgrade & Others: 48 tenders and a 23.6% share
  3. Project Implementation: nine tenders and a 4.4% share
  4. Others: five tenders and a 2.5% share
  5. Power Purchase Agreement: five tenders and a 2.5% share
  6. Consulting & Similar Services: one tender and a 0.5% share.

Power tenders in January 2021: Top issuers by capacity

The top issuers of tenders for the month in terms of power capacity involved in North America were:

  1. Missoula County: 0.37MW from one tender
  2. School District 46 Sunshine Coast: 0.1MW from one tender.

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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