Power plant contracts in July 2021 saw 103 contracts announced, marking a drop of 36% over the last 12-month average of 160, 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: 67 contracts and a 65% share
  2. Consulting & Similar Services: 17 contracts and a 16.5% share
  3. Repair, Maintenance, Upgrade & Others: ten contracts and a 9.7% share
  4. Power Purchase Agreement: nine contracts and an 8.7% share.

Asia-Pacific leads power plant activity in July 2021

Comparing contracts activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 48 contracts and a share of 46.6% during July 2021, followed by Europe with 28 contracts and a 27.2% share and North America with 15 contracts and a 14.6% share.

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Solar is leading technology for power plant contracts in July 2021

Among the technologies, solar accounted for 56 contracts with a 53.8% share, followed by wind with 20 contracts and a 19.2% share and hydro with nine contracts and an 8.7% share.

Power plant contracts in July 2021: Top companies by capacity

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

  1. Akimat of Mangystau Region: 30,000MW from one contract
  2. Badan Pengusahaan Batam: 2,200MW from one contract
  3. State Grid Corporation of China (China): 1,200MW capacity from one contract.

Power plant contracts in July 2021: Top winners by capacity

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

  1. Svevind (Sweden): 30,000MW from one contract
  2. Sunseap Group Pte (Singapore): 2,200MW from one contract
  3. Shandong Yijian Construction (China): 1,800MW capacity from two 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.