Wind technology contracts activity in February 2020 saw 46 contracts announced, marking a drop of 42% over the last 12-month average of 79, according to GlobalData’s power industry contracts database.

Onshore was the top category in wind technology in terms of number of contracts for the month, accounting for 33 contracts and a 71.7% share, followed by Offshore with 13 contracts and a 28.3% share.

Looking at global power contracts activity divided by the type of technology, wind held the second position in terms of number of contracts during February 2020 with a 23.1% share.

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

1. Supply & Erection: 16 contracts and a 34.8% share
2. Power Purchase Agreement: 15 contracts and a 32.6% share
3. Project Implementation: nine contracts and a 19.6% share
4. Consulting & Similar Services: four contracts and an 8.7% share
5. Electricity Supply: one contract and a 2.2% share
6. Repair, Maintenance, Upgrade & Others: one contract and a 2.2% share.

Europe leads wind contracts activity in February 2020

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 19 contracts and a share of 41.3% during February 2020, followed by Asia-Pacific with ten contracts and a 21.7% share and North America with eight contracts and a 17.4% share.

In fourth place was South and Central America with seven contracts and a 15.2% share and in fifth place was Middle East and Africa with two contracts and a 4.3% share.

Wind technology contracts in February 2020: Top companies by capacity

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

1. Tamil Nadu Generation and Distribution (India): 440.64MW from one contract
2. Tohoku Electric Power (Japan): 140MW from one contract
3. Saint-Gobain North America (United States): 120MW capacity from one contract.

Wind technology contracts in February 2020: Top winners by capacity

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

1. Solar Energy Corporation of India (India): 440.64MW from one contract
2. Nordex (Germany): 156MW from one contract
3. Akita Offshore Wind Farm (Japan): 140MW 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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