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  1. Market Data
October 11, 2019

Global power industry tenders in Q3 2019: Solar technology down 26%

Solar technology tenders activity in Q3 2019 saw 314 tenders announced, marking a drop of 26% over the last four-quarter average of 427, 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 Q3 2019 with a 38% share.

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

  1. Project Implementation: 251 tenders and a 79.9% share
  2. Supply & Erection: 20 tenders and a 6.4% share
  3. Power Purchase Agreement: 14 tenders and a 4.5% share
  4. Consulting & Similar Services: 13 tenders and a 4.1% share
  5. Repair, Maintenance, Upgrade & Others: ten tenders and a 3.2% share
  6. Electricity Supply: six tenders and a 1.9% share.

Asia-Pacific leads solar tenders activity in Q3 2019

Comparing tenders activity in solar technology in different regions of the globe, Asia-Pacific held the top position with 243 tenders and a share of 77.4% during Q3 2019, followed by Middle East and Africa with 27 tenders and an 8.6% share and North America with 20 tenders and a 6.4% share.

In fourth place was Europe with 18 tenders and a 5.7% share and in fifth place was South and Central America with six tenders and a 1.9% share.

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Solar technology tenders in Q3 2019: 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): 3,072.52MW from five tenders
  2. NHPC (India) and Emirates Water and Electricity (United Arab Emirates): 2,000MW from one tender
  3. Maharashtra State Electricity Distribution (India): 1,880MW capacity from 30 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.

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