Power plant contracts in Q3 2020 saw 424 contracts announced, marking a drop of 8% over the last four-quarter average of 462, according to GlobalData’s power industry contracts database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • 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 quarter was as follows:

  1. Project Implementation: 332 contracts and a 78.3% share
  2. Consulting & Similar Services: 55 contracts and a 13% share
  3. Repair, Maintenance, Upgrade & Others: 20 contracts and a 4.7% share
  4. Power Purchase Agreement: 17 contracts and a 4% share.

Europe leads power plant activity in Q3 2020

Comparing contracts activity in power plant segment in different regions of the globe, Europe held the top position with 231 contracts and a share of 54.5% during Q3 2020, followed by Asia-Pacific with 114 contracts and a 26.9% share and North America with 43 contracts and a 10.1% share.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
  • 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 Q3 2020

Among the technologies, solar accounted for 253 contracts with a 59% share, followed by wind with 100 contracts and a 23.3% share and thermal with 31 contracts and a 7.2% share.

Power plant contracts in Q3 2020: Top issuers by capacity

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

  1. Taiwan Power (Taiwan): 6,500MW from one contract
  2. Solar Energy Corporation of India (India): 4,981.95MW from five contracts
  3. Binh Thuan People’s Committee: 3,500MW capacity from one contract.

Power plant contracts in Q3 2020: Top winners by capacity

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

  1. General Electric International (United States): 6,709MW from two contracts
  2. CTCI (Taiwan): 6,500MW from one contract
  3. Azure Power (India) and Northwest Electric Power Design Institute (China): 4,000MW 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.