Power plant contracts in Q3 2021 saw 351 contracts announced, marking a drop of 28% over the last four-quarter average of 488, according to GlobalData’s power industry contracts database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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

  1. Project Implementation: 263 contracts and a 74.9% share
  2. Consulting & Similar Services: 48 contracts and a 13.7% share
  3. Repair, Maintenance, Upgrade & Others: 25 contracts and a 7.1% share
  4. Power Purchase Agreement: 15 contracts and a 4.3% share.

Europe leads power plant activity in Q3 2021

Comparing contracts activity in power plant segment in different regions of the globe, Europe held the top position with 138 contracts and a share of 39.3% during Q3 2021, followed by Asia-Pacific with 135 contracts and a 38.5% share and North America with 40 contracts and an 11.4% share.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Solar is leading technology for power plant contracts in Q3 2021

Among the technologies, solar accounted for 182 contracts with a 50.7% share, followed by wind with 103 contracts and a 28.7% share and thermal with 30 contracts and an 8.4% share.

Power plant contracts in Q3 2021: Top companies by capacity

The top issuers of power plant contracts for the quarter in terms of power capacity involved were:

  1. Akimat of Mangystau Region: 30,000MW from one contract
  2. AO ATC (Russia): 2,722.08MW from 58 contracts
  3. Solar Energy Corporation of India (India): 2,400MW capacity from nine contracts.

Power plant contracts in Q3 2021: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved were:

  1. Svevind (Sweden): 30,000MW from one contract
  2. Power Construction Corporation of China (China): 2,300MW from two contracts
  3. Sunseap Group (Singapore): 2,206.51MW capacity from five contracts.

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.