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May 19, 2021

Global power industry tenders in April 2021: Solar technology down 15%

By Amit Sharma

Solar technology tenders activity in April 2021 saw 109 tenders announced, marking a drop of 15% over the last 12-month average of 128, according to GlobalData’s power industry tenders database.

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Looking at global power tenders activity divided by the type of technology, solar held the second position in terms of number of tenders during April 2021 with a 38% share.

The proportion of tenders by category in the Solar technology tracked by GlobalData in the month was as follows:

  1. Project Implementation: 85 tenders and a 78% share
  2. Supply & Erection: eight tenders and a 7.3% share
  3. Power Purchase Agreement: five tenders and a 4.6% share
  4. Consulting & Similar Services: five tenders and a 4.6% share
  5. Repair, Maintenance, Upgrade & Others: three tenders and a 2.8% share
  6. Electricity Supply: two tenders and a 1.8% share
  7. Others: one tender and a 0.9% share.

Asia-Pacific leads solar tenders activity in April 2021

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 39 tenders and a share of 35.8% during April 2021, followed by Middle East and Africa with 26 tenders and a 23.9% share and Europe with 23 tenders and a 21.1% share.

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In fourth place was North America with 16 tenders and a 14.7% share and in fifth place was South and Central America with five tenders and a 4.6% share.

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Solar technology tenders in April 2021: Top issuers by capacity

The top issuers of tenders in Solar technology for the month in terms of power capacity involved were:

  1. Solar Energy Corporation of India (India): 2,400MW from two tenders
  2. Korea Energy Agency (South Korea): 2,050MW from one tender
  3. NTPC (India): 1,600MW capacity from two tenders.

All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.

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