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

Power industry tenders activity in Q1 2020 saw 2,300 tenders announced, marking a drop of 24% over the last four-quarter average of 3,021, according to GlobalData’s power database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Power industry tenders in Q1 2020: Asia-Pacific leads global activity

On comparing tenders activity in different regions of the globe, Asia-Pacific held the top position with 1,448 tenders and a share of 63% during Q1 2020, followed by North America with 498 tenders and a 21.7% share and Europe with 186 tenders and an 8.1% share.

In fourth place was Middle East and Africa with 133 tenders and a 5.8% share and in fifth place was South and Central America with 35 tenders and a 1.5% share.

On the basis of the last four-quarter average, Asia-Pacific held a lead over others with 1,895 tenders, followed by Middle East and Africa with 422.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Thermal tops by technology in Q1 2020

Looking at tenders by the type of technology, thermal accounted for the largest proportion with 397 tenders and a 51.1% share, followed by solar with 291 tenders and a 37.5% share and hydro with 42 tenders and a 5.4% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Project was the most popular segment in global power tenders activity during Q1 2020, with 850 tenders, followed by T&D Equipment (680) and Generation Equipment (385).

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

  1. Project Implementation: 937 tenders and a 40.7% share
  2. Supply & Erection: 919 tenders and a 40% share
  3. Repair, Maintenance, Upgrade & Others: 351 tenders and a 15.3% share
  4. Consulting & Similar Services: 59 tenders and a 2.6% share
  5. Electricity Supply: 20 tenders and a 0.9% share
  6. Power Purchase Agreement: 14 tenders and a 0.6% share.

Power tenders in Q1 2020: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 11,484MW from nine tenders
  2. Ministry of Economic Affairs ROC (Taiwan): 10,000MW from one tender
  3. New Jersey Board of Public Utilities (United States): 6,400MW capacity from five 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.