T&D equipment contracts down 40% in August 2021

T&D equipment contracts in August 2021 saw 21 contracts announced, marking a drop of 40% over the last 12-month average of 35, according to GlobalData’s power industry contracts database.

The proportion of contracts by category tracked by GlobalData in the month was as follows:

1. Supply & Erection: 19 contracts and a 90.5% share
2. Repair, Maintenance, Upgrade & Others: two contracts and a 9.5% share.

Europe leads T&D equipment activity in August 2021

Comparing contracts activity in T&D equipment segment in different regions of the globe, Europe held the top position with six contracts and a share of 28.6% during August 2021, followed by Middle East and Africa with five contracts and a 23.8% share and Asia-Pacific with four contracts and a 19% share.

Wind is leading technology for T&D equipment contracts in August 2021

Among the technologies, wind accounted for seven contracts with a 63.6% share, followed by solar with three contracts and a 27.3% share and thermal with one contract and a 9.1% share.

All publicly-announced contracts 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 contracts are available for subscribers to GlobalData’s Power database.