Oil and gas companies are making moves into the UK energy market.

Power plant tenders in January 2022 saw 43 tenders announced, marking a drop of 66% over the last 12-month average of 126, 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: 34 tenders and a 79.1% share
  2. Consulting & Similar Services: eight tenders and an 18.6% share
  3. Repair, Maintenance, Upgrade & Others: one tender and a 2.3% share.

Asia-Pacific leads power plant activity in January 2022

Comparing tenders activity in power plant segment in different regions of the globe, Asia-Pacific held the top position with 19 tenders and a share of 44.2% during January 2022, followed by Europe with ten tenders and a 23.3% share and North America with nine tenders and a 20.9% share.

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Solar is leading technology for power plant tenders in January 2022

Among the technologies, solar accounted for 43 tenders with a 93.5% share, followed by wind with one tender and a 2.2% share and biopower with one tender and a 2.2% share.

Power plant tenders in January 2022: Top companies by capacity

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

  1. Philippines Department of Energy (Philippines) and Rajasthan Rajya Vidyut Utpadan Nigam: 2,000MW from one tender
  2. NTPC (India): 900MW from one tender
  3. Germany Trade And Invest (Germany): 17.38MW 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.