There were 40 power plant contracts announced in the North America region in Q3 2021, marking a drop of 29% over the last four-quarter average of 56, 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:

  1. Project Implementation: 28 contracts and a 70% share
  2. Repair, Maintenance, Upgrade & Others: seven contracts and a 17.5% share
  3. Consulting & Similar Services: four contracts and a 10% share
  4. Power Purchase Agreement: one contract and a 2.5% share.

Solar is top technology for North America power plant contracts in Q3 2021

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Looking at power plant contracts by the type of technology in the North America region, solar accounted for 29 contracts with a 72.5% share, followed by thermal with four contracts and a 10% share and wind with three contracts and a 7.5% share.

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North America power plant contracts in Q3 2021: Top companies by capacity

The top issuers of power plant contracts for the quarter in terms of power capacity involved in North America were:

  1. Intersect Power (United States): 728MW from two contracts
  2. SB Energy Holdings (United States): 418MW from one contract
  3. SaskPower International (Canada): 360MW capacity from one contract.

North America power plant 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:

  1. Signal Energy Constructors (United States): 1,146MW from three contracts
  2. PCL Construction Group (Canada), Allan Construction (Canada) and Allan Ventures (United States): 360MW from one contract
  3. Sundt Construction (United States): 300MW capacity 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.