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October 26, 2021

Power plant tenders down 1% in Q3 2021

Power plant tenders in Q3 2021 saw 409 tenders announced, marking a drop of 1% over the last four-quarter average of 412, according to GlobalData’s power industry tenders database.

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

  1. Project Implementation: 340 tenders and an 83.1% share
  2. Consulting & Similar Services: 43 tenders and a 10.5% share
  3. Repair, Maintenance, Upgrade & Others: 24 tenders and a 5.9% share
  4. Others: two tenders and a 0.5% share.

Europe leads power plant activity in Q3 2021

Comparing tenders activity in power plant segment in different regions of the globe, Europe held the top position with 135 tenders and a share of 33% during Q3 2021, followed by Asia-Pacific with 125 tenders and a 30.6% share and Middle East and Africa with 91 tenders and a 22.2% share.

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Solar is leading technology for power plant tenders in Q3 2021

Among the technologies, solar accounted for 335 tenders with an 81.5% share, followed by wind with 24 tenders and a 5.8% share and hydro with 24 tenders and a 5.8% share.

Power plant tenders in Q3 2021: Top companies by capacity

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

  1. Ministere de l’Environnement, de l’Energie et de la Mer (France): 27,050MW from 58 tenders
  2. Ministry of Electricity and Water (Kuwait): 7,200MW from two tenders
  3. Russian Association of Wind Power Industry (Russia): 6,700MW 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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