Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
October 16, 2020

Global power industry contracts for September 2020 down 8%

Power industry contracts activity in September 2020 saw 350 contracts announced, marking a drop of 8% over the last 12-month average of 380, according to GlobalData’s power database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Power industry contracts in September 2020: Europe leads global activity

On comparing contracts activity in different regions of the globe, Europe held the top position with 123 contracts and a share of 35.1% during September 2020, followed by Asia-Pacific with 98 contracts and a 28% share and North America with 80 contracts and a 22.9% share.

In fourth place was Middle East and Africa with 30 contracts and an 8.6% share and in fifth place was South and Central America with 19 contracts and a 5.4% share.

On the basis of the last 12-month average, Europe held a lead over others with 161 contracts, followed by Asia-Pacific with 87.

Content from our partners
How Hengst helped to keep Germany’s charity “star singers” shining
How one power station prevented frequent shutdowns with three-stage air filtration
Reimagining the carbon problem

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Solar tops by technology in September 2020

Looking at contracts by the type of technology, solar accounted for the largest proportion with 125 contracts and a 41.9% share, followed by wind with 99 contracts and a 33.2% share and thermal with 38 contracts and a 12.8% share.

Looking at power industry contracts divided by segment as tracked by GlobalData, Generation Equipment was the most popular segment during September 2020, with 125 contracts, followed by Power Plant (87) and Electricity Procurement (81).

The proportion of contracts by category tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 157 contracts and a 44.9% share
  2. Project Implementation: 78 contracts and a 22.3% share
  3. Power Purchase Agreement: 73 contracts and a 20.9% share
  4. Consulting & Similar Services: 19 contracts and a 5.4% share
  5. Repair, Maintenance, Upgrade & Others: 14 contracts and a 4% share
  6. Electricity Supply: eight contracts and a 2.3% share
  7. Others: one contract and a 0.3% share.

Power contracts in September 2020: Top issuers by capacity

The top issuers of contracts for the month in terms of power capacity involved were:

  1. Taiwan Power (Taiwan): 6,500MW from one contract
  2. Total (France): 3,300MW from one contract
  3. Hin Kong Power (Thailand): 1,400MW capacity from one contract.

Power contracts in September 2020: Top winners by capacity

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

  1. CTCI (Taiwan) and General Electric International (United States): 6,500MW from one contract
  2. SEPCOIII Electric Power Construction (China): 3,320MW from two contracts
  3. Ignis Energia (Spain): 3,300MW 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy