View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
May 19, 2021

Power plant contracts down 65% in April 2021

By Amit Sharma

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.

  • 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 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.

  • 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 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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Power Technology