Thermal technology contracts activity in July 2020 saw 35 contracts announced, marking a rise of 9% over the last 12-month average of 32, according to GlobalData’s power industry contracts database.

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Gas was the top category in thermal technology in terms of number of contracts for the month, accounting for 23 contracts and a 54.8% share, followed by Coal with ten contracts and a 23.8% share. Oil stood in third place with nine contracts and a 21.4% share.

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Looking at global power contracts activity divided by the type of technology, thermal held the third position in terms of number of contracts during July 2020 with a 14.8% share.

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

  1. Supply & Erection: 22 contracts and a 62.9% share
  2. Project Implementation: seven contracts and a 20% share
  3. Repair, Maintenance, Upgrade & Others: two contracts and a 5.7% share
  4. Power Purchase Agreement: two contracts and a 5.7% share
  5. Consulting & Similar Services: one contract and a 2.9% share
  6. Electricity Supply: one contract and a 2.9% share.

Asia-Pacific leads thermal contracts activity in July 2020

Comparing contracts activity in thermal technology in different regions of the globe, Asia-Pacific held the top position with 12 contracts and a share of 34.3% during July 2020, followed by Europe with ten contracts and a 28.6% share and North America with seven contracts and a 20% share.

In fourth place was Middle East and Africa with four contracts and an 11.4% share and in fifth place was South and Central America with two contracts and a 5.7% share.

Thermal technology contracts in July 2020: Top issuers by capacity

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

  1. Electric Power Generation Enterprise (Myanmar): 1,250MW from one contract
  2. Tatenergo (Russia): 858MW from one contract
  3. Virgin Islands Water and Power Authority (United States): 36MW capacity from one contract.

Thermal technology contracts in July 2020: Top winners by capacity

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

  1. Marubeni (Japan), Mitsui & (Japan), Sumitomo (Japan) and Eden Group (Myanmar): 1,250MW from one contract
  2. ENKA Insaat ve Sanayi (Turkey): 858MW from one contract
  3. Wartsila (Finland): 236MW 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.