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October 26, 2021

Power industry tenders in South and Central America for Q3 2021 up 12%

South and Central America power industry tenders activity in Q3 2021 saw 93 tenders announced, marking a rise of 12% over the last four-quarter average of 83, according to GlobalData’s power database.

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South and Central America power industry tenders in Q3 2021: Bolivia leads activity

Looking at tenders by country, Bolivia led the activity in Q3 2021 with 42 tenders and a share of 45.2%, up 5.2% over the previous quarter and up 35% when compared with the last four-quarter average, followed by Uruguay with 17 tenders and a share of 18.3% and Paraguay with eight tenders and a share of 8.6% during the quarter.

Looking at the last four-quarter average, Bolivia held the top spot with 31 tenders, followed by Trinidad and Tobago with ten and Uruguay with ten tenders.

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Solar is top technology area for tenders in Q3 2021

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 14 tenders and a 45.2% share, followed by hydro with five tenders and a 16.1% share and wind with five tenders and a 16.1% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in South and Central America power tenders activity during Q3 2021, with 42 tenders, followed by T&D Project (25) and Power Plant (13).

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

  1. Supply & Erection: 50 tenders and a 53.8% share
  2. Project Implementation: 30 tenders and a 32.3% share
  3. Consulting & Similar Services: six tenders and a 6.5% share
  4. Power Purchase Agreement: four tenders and a 4.3% share
  5. Repair, Maintenance, Upgrade & Others: two tenders and a 2.2% share
  6. Electricity Supply: one tender and a 1.1% share.

Power tenders in Q3 2021: Top companies by capacity

The top issuers of tenders for the quarter in terms of power capacity involved in South and Central America were:

  1. Corporacion Electrica del Ecuador (Ecuador) and Ministerio de Energia y Recursos Naturales No Renovables: 500MW from one tender
  2. Guyana Power & Light (Guyana): 33MW from one tender
  3. Banco Centroamericano de Integracion Economica (Honduras): 18.23MW 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.

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