Power plant contracts in December 2021 saw 112 contracts announced, marking a drop of 29% over the last 12-month average of 158, according to GlobalData’s power industry contracts database.

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

  1. Project Implementation: 95 contracts and an 84.8% share
  2. Consulting & Similar Services: eight contracts and a 7.1% share
  3. Power Purchase Agreement: five contracts and a 4.5% share
  4. Repair, Maintenance, Upgrade & Others: four contracts and a 3.6% share.

Asia-Pacific leads power plant activity in December 2021

Comparing contracts activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 62 contracts and a share of 55.4% during December 2021, followed by Europe with 29 contracts and a 25.9% share and North America with 11 contracts and a 9.8% share.

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Solar is leading technology for power plant contracts in December 2021

Among the technologies, solar accounted for 73 contracts with a 65.2% share, followed by wind with 15 contracts and a 13.4% share and thermal with 11 contracts and a 9.8% share.

Power plant contracts in December 2021: Top companies by capacity

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

  1. Solar Energy Corporation of India (India): 1,885MW from seven contracts
  2. Weyerhaeuser (United States) and Danish Energy Agency (Denmark): 1,000MW from one contract
  3. Anhui Energy Group (China): 900MW capacity from one contract.

Power plant contracts in December 2021: Top winners by capacity

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

  1. China Energy Engineering Group Planning and Engineering (China): 2,006MW from eight contracts
  2. Apex Clean Energy Holdings (United States), RWE (Germany) and RWE Renewables (Germany): 1,000MW from one contract
  3. Powerchina Huadong Engineering (China): 802MW capacity from one contract.

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.