Solar technology tenders activity in Q1 2020 saw 291 tenders announced, marking a drop of 20% over the last four-quarter average of 364, 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 Q1 2020 with a 37.5% share.

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

  1. Project Implementation: 223 tenders and a 76.6% share
  2. Repair, Maintenance, Upgrade & Others: 19 tenders and a 6.5% share
  3. Supply & Erection: 19 tenders and a 6.5% share
  4. Consulting & Similar Services: 16 tenders and a 5.5% share
  5. Power Purchase Agreement: 11 tenders and a 3.8% share
  6. Electricity Supply: three tenders and a 1% share.

Asia-Pacific leads solar tenders activity in Q1 2020

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 190 tenders and a share of 65.3% during Q1 2020, followed by North America with 44 tenders and a 15.1% share and Middle East and Africa with 32 tenders and an 11% share.

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In fourth place was Europe with 19 tenders and a 6.5% share and in fifth place was South and Central America with six tenders and a 2.1% share.

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Solar technology tenders in Q1 2020: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 9,484MW from eight tenders
  2. NTPC (India): 1,986.3MW from six tenders
  3. Rewa Ultra Mega Solar (India) and Emirates Water and Electricity (United Arab Emirates): 1,500MW 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.