Wind technology contracts activity in Q3 2020 saw 306 contracts announced, marking a rise of 15% over the last four-quarter average of 265, according to GlobalData’s power industry contracts database.
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Onshore was the top category in wind technology in terms of number of contracts for the quarter, accounting for 214 contracts and a 70.4% share, followed by Offshore with 88 contracts and a 28.9% share. Onshore Repowered stood in third place with two contracts and a 0.7% share.
Looking at global power contracts activity divided by the type of technology, wind held the second position in terms of number of contracts during Q3 2020 with a 31.6% share.
The proportion of contracts by category in the Wind technology tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 114 contracts and a 37.3% share
- Project Implementation: 75 contracts and a 24.5% share
- Power Purchase Agreement: 49 contracts and a 16% share
- Consulting & Similar Services: 38 contracts and a 12.4% share
- Repair, Maintenance, Upgrade & Others: 24 contracts and a 7.8% share
- Electricity Supply: six contracts and a 2% share.
Europe leads wind contracts activity in Q3 2020
Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 160 contracts and a share of 52.3% during Q3 2020, followed by Asia-Pacific with 79 contracts and a 25.8% share and North America with 43 contracts and a 14.1% share.
In fourth place was South and Central America with 15 contracts and a 4.9% share and in fifth place was Middle East and Africa with nine contracts and a 2.9% share.
Wind technology contracts in Q3 2020: Top issuers by capacity
The top issuers of contracts in Wind technology for the quarter in terms of power capacity involved were:
- Binh Thuan People’s Committee: 3,500MW from one contract
- Netherlands Enterprise Agency (Netherlands): 1,518MW from one contract
- Solar Energy Corporation of India (India): 970MW capacity from two contracts.
Wind technology contracts in Q3 2020: Top winners by capacity
The top winners of contracts for the quarter in terms of power capacity involved were:
- Copenhagen Infrastructure Partners KS (Denmark): 3,900MW from two contracts
- Eneco Holding (Netherlands) and Royal Dutch Shell (Netherlands): 1,518MW from one contract
- Orsted (Denmark): 920MW 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.