Hydro technology contracts activity in Q1 2021 saw 37 contracts announced, marking a drop of 44% over the last four-quarter average of 66, 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 Q1 2021 with a 3.9% share.

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

  1. Supply & Erection: 15 contracts and a 40.5% share
  2. Power Purchase Agreement: nine contracts and a 24.3% share
  3. Project Implementation: five contracts and a 13.5% share
  4. Consulting & Similar Services: three contracts and an 8.1% share
  5. Electricity Supply: three contracts and an 8.1% share
  6. Repair, Maintenance, Upgrade & Others: two contracts and a 5.4% share.

Europe leads hydro contracts activity in Q1 2021

Comparing contracts activity in hydro technology in different regions of the globe, Europe held the top position with 14 contracts and a share of 37.8% during Q1 2021, followed by Asia-Pacific with 12 contracts and a 32.4% share and North America with five contracts and a 13.5% share.

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In fourth place was South and Central America with five contracts and a 13.5% share and in fifth place was Middle East and Africa with one contract and a 2.7% share.

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Hydro technology contracts in Q1 2021: Top issuers by capacity

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

  1. Government of Nepal (Nepal): 679MW from one contract
  2. Rio Tinto (United Kingdom): 390MW from one contract
  3. Ghulam Rasool & Company Pvt (Pakistan): 300MW capacity from one contract.

Hydro technology contracts in Q1 2021: Top winners by capacity

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

  1. Satluj Jal Vidyut Nigam (India): 679MW from one contract
  2. Landsvirkjun hf (Iceland): 390MW from one contract
  3. China Gezhouba Group (China): 384MW 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.