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October 20, 2020

Global power industry contracts in September 2020: Wind technology up 5%

Wind technology contracts activity in September 2020 saw 99 contracts announced, marking a rise of 5% over the last 12-month average of 94, 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 month, accounting for 75 contracts and a 75.8% share, followed by Offshore with 24 contracts and a 24.2% 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 September 2020 with a 33.2% share.

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

  1. Supply & Erection: 51 contracts and a 51.5% share
  2. Power Purchase Agreement: 17 contracts and a 17.2% share
  3. Project Implementation: 13 contracts and a 13.1% share
  4. Consulting & Similar Services: 11 contracts and an 11.1% share
  5. Electricity Supply: four contracts and a 4% share
  6. Repair, Maintenance, Upgrade & Others: three contracts and a 3% share.

Europe leads wind contracts activity in September 2020

Comparing contracts activity in wind technology in different regions of the globe, Europe held the top position with 47 contracts and a share of 47.5% during September 2020, followed by North America with 23 contracts and a 23.2% share and Asia-Pacific with 19 contracts and a 19.2% share.

In fourth place was South and Central America with five contracts and a 5.1% share and in fifth place was Middle East and Africa with five contracts and a 5.1% share.

Wind technology contracts in September 2020: Top issuers by capacity

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

  1. New and Renewable Energy Authority (Egypt): 252MW from one contract
  2. ACT Government (Australia): 200MW from two contracts
  3. Snowy Hydro (Australia): 163.5MW capacity from one contract.

Wind technology contracts in September 2020: Top winners by capacity

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

  1. White Construction (United States): 302MW from one contract
  2. Vestas Wind Systems (Denmark): 252MW from one contract
  3. Global Power Generation Australia Pty (Australia): 163.5MW 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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