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  1. Market Data
October 26, 2021

North America Solar technology contracts activity drops 7% in Q3 2021

North America solar technology contracts in Q3 2021 saw 107 contracts announced, marking a drop of 7% over the last four-quarter average of 115, 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 quarter was as follows:

  1. Power Purchase Agreement with 52 contracts and a 48.6% share
  2. Project Implementation: 24 contracts and a 22.4% share
  3. Supply & Erection: 20 contracts and an 18.7% share
  4. Electricity Supply: six contracts and a 5.6% share
  5. Repair, Maintenance, Upgrade & Others: three contracts and a 2.8% share
  6. Consulting & Similar Services: two contracts and a 1.9% 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 Q3 2021 with 104 contracts and a 97.2% share, followed by Canada with two contracts and a 1.9% share and Puerto Rico with one contract and a 0.9% share.

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North America solar technology contracts in Q3 2021: Top companies by capacity

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

  1. Intersect Power (United States): 1,041MW from three contracts
  2. Salt River Project (United States): 900MW from four contracts
  3. Amazon.com (United States): 474MW capacity from one contract.

North America solar technology 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. TotalEnergies (France): 546MW from two contracts
  3. Clenera (United States): 520MW 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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