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October 26, 2021

Power plant contracts down 3% in September 2021

Power plant contracts in September 2021 saw 146 contracts announced, marking a drop of 3% over the last 12-month average of 150, 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: 118 contracts and an 80.8% share
  2. Consulting & Similar Services: 15 contracts and a 10.3% share
  3. Repair, Maintenance, Upgrade & Others: eight contracts and a 5.5% share
  4. Power Purchase Agreement: five contracts and a 3.4% share.

Europe leads power plant activity in September 2021

Comparing contracts activity in power plant segment in different regions of the globe, Europe held the top position with 88 contracts and a share of 60.3% during September 2021, followed by Asia-Pacific with 34 contracts and a 23.3% share and North America with 13 contracts and an 8.9% share.

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Solar is leading technology for power plant contracts in September 2021

Among the technologies, solar accounted for 63 contracts with a 43.2% share, followed by wind with 62 contracts and a 42.5% share and thermal with nine contracts and a 6.2% share.

Power plant contracts in September 2021: Top companies by capacity

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

  1. AO ATC (Russia): 2,722.08MW from 58 contracts
  2. Solar Energy Corporation of India (India): 1,200MW from five contracts
  3. Sun Ba Power (Taiwan): 1,100MW capacity from one contract.

Power plant contracts in September 2021: Top winners by capacity

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

  1. Fortum-Rusnano Wind Investment Fund (Russia): 1,390.5MW from 31 contracts
  2. CTCI (Taiwan) and Siemens Energy (Germany): 1,100MW from one contract
  3. TotalEnergies (France) and PowerChina Hubei Engineering (China): 1,000MW 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.

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