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  1. Market Data
June 17, 2021

North America Solar technology contracts activity drops 41% in May 2021

By Amit Sharma

North America solar technology contracts in May 2021 saw 22 contracts announced, marking a drop of 41% over the last 12-month average of 37, 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. Power Purchase Agreement with ten contracts and a 45.5% share
  2. Project Implementation: eight contracts and a 36.4% share
  3. Supply & Erection: three contracts and a 13.6% share
  4. Electricity Supply: 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 2021 with 22 contracts and a 100% share.

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North America solar technology contracts in May 2021: Top issuers by capacity

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

  1. AEP Energy (United States): 480MW from one contract
  2. Guzman Energy (United States): 155MW from one contract
  3. Platte River Power Authority (United States) and Tennessee Valley Authority (United States): 150MW capacity from one contract.

North America solar technology contracts in May 2021: Top winners by capacity

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

  1. Global Energy Generation L (United States): 480MW from one contract
  2. Primergy Solar L (United States): 155MW from one contract
  3. RWE Renewables (Germany) and 174 Power Global (United States): 150MW 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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