Power industry tenders activity in Q1 2021 saw 2,043 tenders announced, marking a drop of 16% over the last four-quarter average of 2,439, according to GlobalData’s power database.

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Power industry tenders in Q1 2021: North America leads global activity

On comparing tenders activity in different regions of the globe, North America held the top position with 669 tenders and a share of 32.7% during Q1 2021, followed by Middle East and Africa with 544 tenders and a 26.6% share and Asia-Pacific with 465 tenders and a 22.8% share.

In fourth place was Europe with 282 tenders and a 13.8% share and in fifth place was South and Central America with 83 tenders and a 4.1% share.

On the basis of the last four-quarter average, Asia-Pacific held a lead over others with 1,269 tenders, followed by North America with 641.

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Thermal tops by technology in Q1 2021

Looking at tenders by the type of technology, thermal accounted for the largest proportion with 382 tenders and a 43% share, followed by solar with 371 tenders and a 41.7% share and hydro with 48 tenders and a 5.4% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in global power tenders activity during Q1 2021, with 812 tenders, followed by Generation Equipment (410) and Power Plant (377).

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

  1. Supply & Erection: 1,090 tenders and a 53.4% share
  2. Project Implementation: 533 tenders and a 26.1% share
  3. Repair, Maintenance, Upgrade & Others: 305 tenders and a 14.9% share
  4. Consulting & Similar Services: 73 tenders and a 3.6% share
  5. Electricity Supply: 18 tenders and a 0.9% share
  6. Power Purchase Agreement: 15 tenders and a 0.7% share
  7. Others: nine tenders and a 0.4% share.

Power tenders in Q1 2021: Top issuers by capacity

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

  1. Bundesnetzagentur (Germany): 9,058MW from 18 tenders
  2. Indian Renewable Energy Development Agency (India) and Telecommunications Consultants India (India): 5,000MW from one tender
  3. Government of South Africa and Department of Mineral Resources and Energy (South Africa): 2,600MW 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.