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March 17, 2021

Global power industry contracts in February 2021: Wind technology down 9%

By Amit Sharma

Wind technology contracts activity in February 2021 saw 91 contracts announced, marking a drop of 9% over the last 12-month average of 100, according to GlobalData’s power industry contracts database.

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Onshore was the top category in wind technology in terms of number of contracts for the month, accounting for 65 contracts and a 70.7% share, followed by Offshore with 27 contracts and a 29.3% 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 2021 with a 37.8% share.

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

  1. Supply & Erection: 32 contracts and a 35.2% share
  2. Project Implementation: 26 contracts and a 28.6% share
  3. Power Purchase Agreement: 16 contracts and a 17.6% share
  4. Consulting & Similar Services: ten contracts and an 11% share
  5. Repair, Maintenance, Upgrade & Others: five contracts and a 5.5% share
  6. Electricity Supply: two contracts and a 2.2% share.

Europe leads wind contracts activity in February 2021

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 56 contracts and a share of 61.5% during February 2021, followed by Asia-Pacific with 20 contracts and a 22% share and North America with ten contracts and an 11% share.

In fourth place was South and Central America with four contracts and a 4.4% share and in fifth place was Middle East and Africa with one contract and a 1.1% share.

Wind technology contracts in February 2021: Top issuers by capacity

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

  1. Ministere de l’Environnement, de l’Energie et de la Mer (France): 519.7MW from 15 contracts
  2. (United States): 380MW from two contracts
  3. Hydro-Quebec (Canada): 200MW capacity from one contract.

Wind technology contracts in February 2021: Top winners by capacity

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

  1. Shell Energy Europe (Netherlands): 250MW from one contract
  2. Parc Eolien Mont des four Faux SASU (France): 226MW from one contract
  3. Societe en commandite Apuiat (Canada): 200MW 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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