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July 12, 2021

Global power industry contracts in Q2 2021: Biopower technology down 17%

By Amit Sharma

Biopower technology contracts activity in Q2 2021 saw 20 contracts announced, marking a drop of 17% over the last four-quarter average of 24, according to GlobalData’s power industry contracts database.

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Looking at global power contracts activity divided by the type of technology, biopower held the fifth position in terms of number of contracts during Q2 2021 with a 2.2% share.

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

  1. Project Implementation: eight contracts and a 40% share
  2. Supply & Erection: eight contracts and a 40% share
  3. Consulting & Similar Services: two contracts and a 10% share
  4. Repair, Maintenance, Upgrade & Others: two contracts and a 10% share.

Asia-Pacific leads biopower contracts activity in Q2 2021

Comparing contracts activity in biopower technology in different regions of the globe, Asia-Pacific held the top position with eight contracts and a share of 40% during Q2 2021, followed by Europe with eight contracts and a 40% share and Middle East and Africa with four contracts and a 20% share.

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Biopower technology contracts in Q2 2021: Top issuers by capacity

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

  1. Itochu (Japan), Osaka Gas (Japan), Tokyo Century (Japan) and Tokyo Energy & Systems (Japan): 100MW from two contracts
  2. Zhejiang Industrial Equipment Installation Group and Qianjiang Handa Thermal Power: 60MW from one contract
  3. Miejskie Przedsiebiorstwo Oczyszczania: 40MW capacity from two contracts.

Biopower technology contracts in Q2 2021: Top winners by capacity

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

  1. Dongfang Turbine (China): 60MW from one contract
  2. Mitsubishi Power (Japan): 50MW from one contract
  3. POSCO Engineering & Construction (South Korea) and Doosan Lentjes (Germany): 20MW 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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