Oil and gas companies are making moves into the UK energy market.

Hydro technology contracts activity in October 2019 saw 33 contracts announced, marking a rise of 200% over the last 12-month average of 11, 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 third position in terms of number of contracts during October 2019 with an 11% share.

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

  1. Project Implementation: 30 contracts and a 90.9% share
  2. Repair, Maintenance, Upgrade & Others: two contracts and a 6.1% share
  3. Power Purchase Agreement: one contract and a 3% share.

South and Central America leads hydro contracts activity in October 2019

Comparing contracts activity in hydro technology in different regions of the globe, South and Central America held the top position with 28 contracts and a share of 84.8% during October 2019, followed by North America with two contracts and a 6.1% share and Asia-Pacific with two contracts and a 6.1% share.

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In fourth place was Middle East and Africa with one contract and a 3% share.

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Hydro technology contracts in October 2019: Top companies by capacity

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

  1. Ministry of Energy, Water Resources and Irrigation (Nepal): 918MW from two contracts
  2. Investment Board Nepal: 762MW from one contract
  3. Agencia Nacional de Energia Eletrica, Brazil (Brazil): 445.17MW capacity from 27 contracts.

Hydro technology contracts in October 2019: Top winners by capacity

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

  1. Power Construction Corporation of China (China): 918MW from two contracts
  2. Hydroelectricity Investment and Development (Nepal): 762MW from one contract
  3. Sao Roque Energetica (Brazil): 141.9MW 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.