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October 27, 2020

Power plant tenders up 27% in September 2020

Power plant tenders in September 2020 saw 145 tenders announced, marking a rise of 27% over the last 12-month average of 114, according to GlobalData’s power industry tenders database.

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The proportion of tenders by category tracked by GlobalData in the month was as follows:

  1. Project Implementation: 118 tenders and an 81.4% share
  2. Consulting & Similar Services: 20 tenders and a 13.8% share
  3. Repair, Maintenance, Upgrade & Others: seven tenders and a 4.8% share.

Asia-Pacific leads power plant activity in September 2020

Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 87 tenders and a share of 60% during September 2020, followed by Europe with 26 tenders and a 17.9% share and North America with 15 tenders and a 10.3% share.

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Solar is leading technology for power plant tenders in September 2020

Among the technologies, solar accounted for 123 tenders with an 82.6% share, followed by hydro with ten tenders and a 6.7% share and wind with nine tenders and a 6% share.

Power plant tenders in September 2020: Top issuers by capacity

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

  1. Bundesnetzagentur (Germany): 18,800MW from one tender
  2. Energinet Eltransmission (Denmark) and The World Bank Group (United States): 1,000MW from one tender
  3. Danish Energy Agency (Denmark): 800MW capacity from one tender.

All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.

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