Thermal technology contracts activity in Q2 2019 saw 74 contracts announced, marking a drop of 21% over the last four-quarter average of 94, 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 quarter, accounting for 54 contracts and a 66.7% share, followed by Oil with 14 contracts and a 17.3% share. Coal stood in third place with 13 contracts and a 16% 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 Q2 2019 with a 10.8% share.

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

  1. Supply & Erection: 32 contracts and a 43.2% share
  2. Project Implementation: 21 contracts and a 28.4% share
  3. Repair, Maintenance, Upgrade & Others: 14 contracts and an 18.9% share
  4. Power Purchase Agreement: five contracts and a 6.8% share
  5. Consulting & Similar Services: two contracts and a 2.7% share.

Asia-Pacific leads thermal contracts activity in Q2 2019

Comparing contracts activity in thermal technology in different regions of the globe, Asia-Pacific held the top position with 22 contracts and a share of 29.7% during Q2 2019, followed by Middle East and Africa with 17 contracts and a 23% share and North America with 15 contracts and a 20.3% share.

In fourth place was Europe with 14 contracts and an 18.9% share and in fifth place was South and Central America with six contracts and an 8.1% share.

Thermal technology contracts in Q2 2019: Top companies by capacity

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

  1. SJVN Thermal Private (India): 1,320MW from one contract
  2. UTE GNA I Geracao de Energia (Brazil): 1,300MW from one contract
  3. ESC Harrison County Power, (United States): 625MW capacity from one contract.

Thermal technology contracts in Q2 2019: Top winners by capacity

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

  1. Siemens (Germany): 1,800MW from two contracts
  2. Larsen & Toubro (Oman): 1,320MW from one contract
  3. Gemma Power Systems LLC (United States): 625MW 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.