Hydro technology contracts activity in Q2 2021 saw 56 contracts announced, marking a drop of 16% over the last four-quarter average of 67, 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 Q2 2021 with a 6.2% share.

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

  1. Supply & Erection: 24 contracts and a 42.9% share
  2. Consulting & Similar Services: ten contracts and a 17.9% share
  3. Power Purchase Agreement: ten contracts and a 17.9% share
  4. Project Implementation: seven contracts and a 12.5% share
  5. Repair, Maintenance, Upgrade & Others: five contracts and an 8.9% share.

Asia-Pacific leads hydro contracts activity in Q2 2021

Comparing contracts activity in hydro technology in different regions of the globe, Asia-Pacific held the top position with 23 contracts and a share of 41.1% during Q2 2021, followed by Europe with 16 contracts and a 28.6% share and North America with nine contracts and a 16.1% share.

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In fourth place was Middle East and Africa with five contracts and an 8.9% share and in fifth place was South and Central America with three contracts and a 5.4% share.

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Hydro technology contracts in Q2 2021: Top issuers by capacity

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

  1. Pakistan Water and Power Development Authority (Pakistan): 1,530MW from one contract
  2. Vietnam Electricity (Vietnam): 360MW from one contract
  3. Corporacion Electrica del Ecuador (Ecuador): 270MW capacity from one contract.

Hydro 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. Power Construction Corporation of China (China): 1,530MW from one contract
  2. Song Da (Vietnam), Lilama ten Joint Stock (Vietnam) and Lung Lo Construction (Vietnam): 360MW from one contract
  3. Harbin Electric International (China): 270MW 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.