Asia-Pacific power industry contracts activity in July 2021 saw 109 contracts announced, marking a rise of 2% over the last 12-month average of 107, according to GlobalData’s power database.
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Asia-Pacific power industry contracts in July 2021: India leads activity
Looking at contracts by country, India led the activity in July 2021 with 25 contracts and a share of 22.9%, up 5.5% over the previous month and up 32% when compared with the last 12 month-average, followed by China with 22 contracts and a share of 20.2% and Australia with 11 contracts and a share of 10.1% during the month.
Looking at the last 12-month average, China held the top spot with 24 contracts, followed by India with 19 and Australia with ten contracts.
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Solar is top technology area for contracts in July 2021
Looking at contracts divided by the type of technology, solar accounted for the largest proportion with 56 contracts and a 54.4% share, followed by wind with 24 contracts and a 23.3% share and thermal with 11 contracts and a 10.7% share.
Looking at power industry contracts divided by segment in Asia-Pacific as tracked by GlobalData, Power Plant was the most popular segment in July 2021, with 48 contracts, followed by Generation Equipment (32) and Electricity Procurement (28).
The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Project Implementation: 43 contracts and a 39.4% share
- Power Purchase Agreement: 25 contracts and a 22.9% share
- Supply & Erection: 25 contracts and a 22.9% share
- Repair, Maintenance, Upgrade & Others: eight contracts and a 7.3% share
- Consulting & Similar Services: seven contracts and a 6.4% share
- Electricity Supply: one contract and a 0.9% share.
Power contracts in July 2021: Top companies by capacity
The top issuers of contracts for the month in terms of power capacity involved in Asia-Pacific were:
- Akimat of Mangystau Region: 30,000MW from one contract
- Badan Pengusahaan Batam: 2,200MW from one contract
- State Grid Corporation of China (China): 1,200MW capacity from one contract.
Power contracts in July 2021: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved in Asia-Pacific were:
- Svevind (Sweden): 30,000MW from one contract
- Sunseap Group Pte (Singapore): 2,200MW from one contract
- Shandong Yijian Construction (China): 1,800MW 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.
