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  1. Market Data
February 23, 2021

North America power plant contracts activity up 133% in January 2021

By Amit Sharma

There were 42 power plant contracts announced in the North America region in January 2021, marking a rise of 133% over the last 12-month average of 18, according to GlobalData’s power industry contracts database.

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Power Plant stood at first place when compared with other power tender categories in the North America region in January 2021 with 42 contracts and a 43.8% share, followed by Electricity Procurement with 24 contracts and a 25% share and Generation Equipment with 20 contracts and a 20.8% share during the month.

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

  1. Project Implementation: 39 contracts and a 92.9% share
  2. Consulting & Similar Services: two contracts and a 4.8% share
  3. Repair, Maintenance, Upgrade & Others: one contract and a 2.4% share.

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

Looking at power plant contracts by the type of technology in the North America region, solar accounted for 34 contracts with an 81% share, followed by wind with six contracts and a 14.3% share and nuclear with two contracts and a 4.8% share.

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North America power plant contracts in January 2021: Top issuers by capacity

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

  1. New York State Energy Research & Development Authority (United States): 2,112.89MW from 21 contracts
  2. Pattern Energy Group (United States): 1,050MW from one contract
  3. Clearway Energy Group L (United States): 460MW capacity from two contracts.

North America power plant contracts in January 2021: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in North America were:

  1. Blattner Energy (United States): 1,395MW from two contracts
  2. Hecate Energy L (United States): 500MW from one contract
  3. ConnectGen L (United States): 450MW capacity from two contracts.

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.

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