Solar technology tenders activity in Q2 2019 saw 348 tenders announced, marking a drop of 23% over the last four-quarter average of 453, 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 Q2 2019 with a 28% share.
The proportion of tenders by category in the Solar technology tracked by GlobalData in the quarter was as follows:
- Project Implementation: 241 tenders and a 69.3% share
- Supply & Erection: 41 tenders and an 11.8% share
- Repair, Maintenance, Upgrade & Others: 23 tenders and a 6.6% share
- Consulting & Similar Services: 21 tenders and a 6% share
- Power Purchase Agreement: 16 tenders and a 4.6% share
- Electricity Supply: six tenders and a 1.7% share.
Asia-Pacific leads solar tenders activity in Q2 2019
Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 233 tenders and a share of 67% during Q2 2019, followed by North America with 65 tenders and an 18.7% share and Middle East and Africa with 27 tenders and a 7.8% share.
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By GlobalDataIn fourth place was Europe with 20 tenders and a 5.7% share and in fifth place was South and Central America with three tenders and a 0.9% share.
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Solar technology tenders in Q2 2019: Top companies by capacity
The top issuers of tenders in Solar technology for the quarter in terms of power capacity involved were:
- Solar Energy Corporation of India (India): 9,006MW from seven tenders
- NTPC (India): 2,187.03MW from six tenders
- Kuwait Authority for Partnership Projects (Kuwait): 2,000MW 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.