Power plant contracts in April 2021 saw 58 contracts announced, marking a drop of 65% over the last 12-month average of 168, 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: 40 contracts and a 69% share
  2. Consulting & Similar Services: 14 contracts and a 24.1% share
  3. Power Purchase Agreement: four contracts and a 6.9% share.

Asia-Pacific leads power plant activity in April 2021

Comparing contracts activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 26 contracts and a share of 44.8% during April 2021, followed by Europe with 13 contracts and a 22.4% share and North America with eight contracts and a 13.8% share.

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Solar is leading technology for power plant contracts in April 2021

Among the technologies, solar accounted for 31 contracts with a 51.7% share, followed by wind with 13 contracts and a 21.7% share and thermal with ten contracts and a 16.7% share.

Power plant contracts in April 2021: Top issuers by capacity

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

  1. ACWA Power International (Saudi Arabia) and The Saudi Public Investment Fund (Saudi Arabia): 1,500MW from one contract
  2. State Power Investment (China) and Yuneng Group: 1,320MW from one contract
  3. CEME1 (Chile): 480MW capacity from one contract.

Power plant contracts in April 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): 2,610MW from five contracts
  2. Shanghai Electric Power Construction (China): 2,200MW from two contracts
  3. Larsen & Toubro (India): 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.