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July 23, 2019

Power industry tenders in North America for June 2019 up 13%

North America power industry tenders activity in June 2019 saw 181 tenders announced, marking a rise of 13% over the last 12-month average of 160, according to GlobalData’s power database.

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North America power industry tenders in June 2019: The US leads activity

Looking at tenders by country, the US led the activity in June 2019 with 134 tenders and a share of 74%, up 0.5% over the previous month and up 9% when compared with the last 12 month-average.

In second place was Canada with 47 tenders and a share of 26%.

Looking at the last 12-month average, the US held the top spot with 123 tenders, followed by Canada with 36.

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Thermal is top technology area for tenders in June 2019

Looking at tenders divided by the type of technology, Thermal accounted for the largest proportion with 84 tenders and a 74.3% share, followed by Solar with 15 tenders and a 13.3% share and Hydro with seven tenders and a 6.2% share.

Looking at power industry tenders divided by segment in North America as tracked by GlobalData, Generation Equipment was the most popular segment in June 2019, with 84 tenders, followed by T&D Equipment (56) and Power Plant (13).

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

  1. Supply & Erection with 116 tenders and a 64.1% share
  2. Repair, Maintenance, Upgrade & Others with 41 tenders and a 22.7% share
  3. Project Implementation with 20 tenders and an 11% share.

Power tenders in June 2019: Top companies by capacity

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

  1. Vectren (United States) with 700MW from one tender
  2. Tri-State Generation and Transmission Association (United States) with 200MW from one tender
  3. City of Farmington (United States) with 18MW capacity 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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