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June 22, 2022

North America Solar technology contracts activity drops 35% in May 2022

By Carmen

North America solar technology contracts in May 2022 saw 22 contracts announced, marking a drop of 35% over the last 12-month average of 34, according to GlobalData’s power industry contracts database.

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

  1. Project Implementation with nine contracts and a 40.9% share
  2. Power Purchase Agreement: seven contracts and a 31.8% share
  3. Supply & Erection: five contracts and a 22.7% share
  4. Consulting & Similar Services: one contract and a 4.5% share.

The US tops North America solar power contracts activity

The US was the top country in the North America region for solar technology contracts recorded in May 2022 with 21 contracts and a 95.5% share, followed by with one contract and a 4.5% share.

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North America solar technology contracts in May 2022: Top companies by capacity

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

  1. Copenhagen Infrastructure Partners KS (Denmark): 750MW from one contract
  2. Amazon.com (United States): 450MW from one contract
  3. Global Energy Generation (United States) and AEP Energy Partners (United States): 400MW capacity from one contract.

North America solar technology contracts in May 2022: Top winners by capacity

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

  1. Exus Management Partners (Spain): 750MW from one contract
  2. The AES (United States): 450MW from one contract
  3. SOLV Energy (United States) and Global Energy Generation (United States): 400MW 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.

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