There were 66 power plant contracts announced in the North America region in Q1 2021, marking a rise of 20% over the last four-quarter average of 55, 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 Q1 2021 with 66 contracts and a 32.2% share, followed by Electricity Procurement with 59 contracts and a 28.8% share and Generation Equipment with 42 contracts and a 20.5% share during the quarter.

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

  1. Project Implementation: 56 contracts and an 84.8% share
  2. Consulting & Similar Services: six contracts and a 9.1% share
  3. Repair, Maintenance, Upgrade & Others: three contracts and a 4.5% share
  4. Power Purchase Agreement: one contract and a 1.5% share.

Solar is top technology for North America power plant contracts in Q1 2021

Looking at power plant contracts by the type of technology in the North America region, solar accounted for 48 contracts with a 73.8% share, followed by wind with ten contracts and a 15.4% share and thermal with three contracts and a 4.6% share.

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North America power plant contracts in Q1 2021: Top issuers by capacity

The top issuers of power plant contracts for the quarter 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. Apex Clean Energy Holdings L (United States): 490MW capacity from two contracts.

North America power plant contracts in Q1 2021: Top winners by capacity

The top winners of contracts for the quarter 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.