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October 11, 2019

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

Wind technology tenders activity in Q3 2019 saw 43 tenders announced, marking a drop of 26% over the last four-quarter average of 58, according to GlobalData’s power industry tenders database.

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Onshore was the top category in wind technology in terms of number of tenders for the quarter, accounting for 32 tenders and a 76.2% share, followed by Offshore with ten tenders and a 23.8% share.

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Looking at global power tenders activity divided by the type of technology, wind held the fourth position in terms of number of tenders during Q3 2019 with a 5.2% share.

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

  1. Project Implementation: 16 tenders and a 37.2% share
  2. Power Purchase Agreement: 11 tenders and a 25.6% share
  3. Consulting & Similar Services: six tenders and a 14% share
  4. Electricity Supply: five tenders and an 11.6% share
  5. Repair, Maintenance, Upgrade & Others: three tenders and a 7% share
  6. Supply & Erection: two tenders and a 4.7% share.

Europe leads wind tenders activity in Q3 2019

Comparing tenders activity in wind technology in different regions of the globe, Europe held the top position with 15 tenders and a share of 34.9% during Q3 2019, followed by Asia-Pacific with 12 tenders and a 27.9% share and North America with ten tenders and a 23.3% share.

In fourth place was South and Central America with four tenders and a 9.3% share and in fifth place was Middle East and Africa with two tenders and a 4.7% share.

Wind technology tenders in Q3 2019: Top companies by capacity

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

  1. Urzad Regulacji Energetyki (Poland): 2,500MW from one tender
  2. Solar Energy Corporation of India (India): 2,400MW capacity from two tenders.
  3. Connecticut Department of Energy and Environmental Protection (United States): 2,000MW from one 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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