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June 8, 2020updated 16 Aug 2020 10:39am

Global power industry contracts in May 2020: Hydro technology up 53%

Hydro technology contracts activity in May 2020 saw 23 contracts announced, marking a rise of 53% over the last 12-month average of 15, according to GlobalData’s power industry contracts database.

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Looking at global power contracts activity divided by the type of technology, hydro held the fourth position in terms of number of contracts during May 2020 with an 11.3% share.

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

  1. Project Implementation: ten contracts and a 43.5% share
  2. Power Purchase Agreement: eight contracts and a 34.8% share
  3. Supply & Erection: four contracts and a 17.4% share
  4. Repair, Maintenance, Upgrade & Others: one contract and a 4.3% share.

Europe leads hydro contracts activity in May 2020

Comparing contracts activity in hydro technology in different regions of the globe, Europe held the top position with seven contracts and a share of 30.4% during May 2020, followed by South and Central America with six contracts and a 26.1% share and Asia-Pacific with four contracts and a 17.4% share.

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In fourth place was Middle East and Africa with three contracts and a 13% share and in fifth place was North America with three contracts and a 13% share.

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Hydro technology contracts in May 2020: Top companies by capacity

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

  1. PT Indonesia Dafeng Heshun Energy Industri: 1,200MW from one contract
  2. Dabar Power and Portland General Electric (United States): 160MW from one contract
  3. Puget Sound Energy (United States): 100MW capacity from one contract.

Hydro technology contracts in May 2020: Top winners by capacity

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

  1. China Gezhouba Group (China): 1,520MW from three contracts
  2. Public Utility District No. one of Douglas County (United States): 160MW from one contract
  3. Bonneville Power Administration (United States) and China Energy Engineering (China): 100MW 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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