Oil and gas companies are making moves into the UK energy market.

Hydro technology tenders activity in Q1 2020 saw 42 tenders announced, marking a drop of 52% over the last four-quarter average of 88, according to GlobalData’s power industry tenders database.

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Looking at global power tenders activity divided by the type of technology, hydro held the third position in terms of number of tenders during Q1 2020 with a 5.4% share.

The proportion of tenders by category in the Hydro technology tracked by GlobalData in the quarter was as follows:

  1. Supply & Erection: 16 tenders and a 38.1% share
  2. Repair, Maintenance, Upgrade & Others: ten tenders and a 23.8% share
  3. Project Implementation: nine tenders and a 21.4% share
  4. Consulting & Similar Services: five tenders and an 11.9% share
  5. Power Purchase Agreement: two tenders and a 4.8% share.

Asia-Pacific leads hydro tenders activity in Q1 2020

Comparing tenders activity in hydro technology in different regions of the globe, Asia-Pacific held the top position with 19 tenders and a share of 45.2% during Q1 2020, followed by Europe with 11 tenders and a 26.2% share and Middle East and Africa with seven tenders and a 16.7% share.

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In fourth place was North America with four tenders and a 9.5% share and in fifth place was South and Central America with one tender and a 2.4% share.

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Hydro technology tenders in Q1 2020: Top companies by capacity

The top issuers of tenders in Hydro technology for the quarter in terms of power capacity involved were:

  1. Solar Energy Corporation of India (India): 5,000MW from one tender
  2. Government of the Republic of North Macedonia: 333MW from one tender
  3. OBB-Infrastruktur (Austria): 130MW capacity from one tender.

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.