Solar technology contracts activity in April 2021 saw 95 contracts announced, marking a drop of 46% over the last 12-month average of 175, according to GlobalData’s power industry contracts database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Looking at global power contracts activity divided by the type of technology, solar held the top position in terms of number of contracts during April 2021 with a 53.1% share.

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

  1. Power Purchase Agreement: 48 contracts and a 50.5% share
  2. Project Implementation: 27 contracts and a 28.4% share
  3. Supply & Erection: 15 contracts and a 15.8% share
  4. Electricity Supply: four contracts and a 4.2% share
  5. Consulting & Similar Services: one contract and a 1.1% share.

Asia-Pacific leads solar contracts activity in April 2021

Comparing contracts activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 31 contracts and a share of 32.6% during April 2021, followed by North America with 25 contracts and a 26.3% share and Europe with 16 contracts and a 16.8% share.

In fourth place was Middle East and Africa with 15 contracts and a 15.8% share and in fifth place was South and Central America with eight contracts and an 8.4% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Solar technology contracts in April 2021: Top issuers by capacity

The top issuers of contracts in Solar technology for the month in terms of power capacity involved were:

  1. Saudi Power Procurement (Saudi Arabia): 2,970MW from seven contracts
  2. The Saudi Public Investment Fund (Saudi Arabia) and Acwa Power International (Saudi Arabia): 1,500MW from one contract
  3. CEME1 (Chile): 480MW capacity from one contract.

Solar technology contracts in April 2021: Top winners by capacity

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

  1. ACWA Power International (Saudi Arabia): 2,500MW from four contracts
  2. Larsen & Toubro (India): 1,800MW from two contracts
  3. The Saudi Public Investment Fund (Saudi Arabia): 1,500MW 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.