Middle East and Africa power industry contracts activity in July 2021 saw 31 contracts announced, marking a drop of 6% over the last 12-month average of 33, according to GlobalData’s power database.

Middle East and Africa power industry contracts in July 2021: Saudi Arabia leads activity

Looking at contracts by country, Saudi Arabia led the activity in July 2021 with five contracts and a share of 16.1%, up 1.5% over the previous month and flat growth when compared with the last 12 month-average, followed by South Sudan with four contracts and a share of 12.9% and Iran with four contracts and a share of 12.9% during the month.

Looking at the last 12-month average, Saudi Arabia held the top spot with five contracts, followed by the United Arab Emirates with three and Egypt with two 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 12 contracts and a 57.1% share, followed by thermal with three contracts and a 14.3% share and hydro with three contracts and a 14.3% share.

Looking at power industry contracts divided by segment in Middle East and Africa as tracked by GlobalData, T&D Project was the most popular segment in July 2021, with ten contracts, followed by Power Plant (8) and Electricity Procurement (6).

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

1. Project Implementation: ten contracts and a 32.3% share
2. Supply & Erection: seven contracts and a 22.6% share
3. Power Purchase Agreement: six contracts and a 19.4% share
4. Consulting & Similar Services: five contracts and a 16.1% share
5. Repair, Maintenance, Upgrade & Others: three contracts and a 9.7% 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 Middle East and Africa were:

1. Falcore Power and Energy (Nigeria): 360MW from one contract
2. Israel Electric (Israel): 156MW from one contract
3. Centralized Utilities Company (Marafiq): 80MW 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 Middle East and Africa were:

1. China Gezhouba Group International Engineering (China): 360MW from one contract
2. Ellomay Pumped Storage (Israel): 156MW from one contract
3. GE Gas Power (United States): 80MW 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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