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March 16, 2021

Global power industry tenders in February 2021: Solar technology up 5%

By Amit Sharma

Solar technology tenders activity in February 2021 saw 129 tenders announced, marking a rise of 5% over the last 12-month average of 123, 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 top position in terms of number of tenders during February 2021 with a 47.1% share.

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

  1. Project Implementation: 98 tenders and a 76% share
  2. Supply & Erection: 14 tenders and a 10.9% share
  3. Repair, Maintenance, Upgrade & Others: six tenders and a 4.7% share
  4. Electricity Supply: five tenders and a 3.9% share
  5. Consulting & Similar Services: four tenders and a 3.1% share
  6. Power Purchase Agreement: two tenders and a 1.6% share.

Asia-Pacific leads solar tenders activity in February 2021

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 44 tenders and a share of 34.1% during February 2021, followed by Middle East and Africa with 36 tenders and a 27.9% share and Europe with 26 tenders and a 20.2% share.

In fourth place was North America with 23 tenders and a 17.8% share.

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Solar technology tenders in February 2021: Top issuers by capacity

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

  1. Government of South Africa: 2,600MW from one tender
  2. Bundesnetzagentur (Germany): 2,150MW from five tenders
  3. Solar Energy Corporation of India (India): 1,885MW 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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