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November 12, 2021

Smart grid tenders down 10% in October 2021

Smart grid tenders in October 2021 saw 26 tenders announced, marking a drop of 10% over the last 12-month average of 29, 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. Supply & Erection: 18 tenders and a 69.2% share
  2. Repair, Maintenance, Upgrade & Others: three tenders and an 11.5% share
  3. Consulting & Similar Services: three tenders and an 11.5% share
  4. Project Implementation: two tenders and a 7.7% share.

Asia-Pacific leads smart grid activity in October 2021

Comparing tenders activity in smart grid segment in different regions of the globe, Asia-Pacific held the top position with nine tenders and a share of 34.6% during October 2021, followed by North America with seven tenders and a 26.9% share and South and Central America with four tenders and a 15.4% share.

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Solar is leading technology for smart grid tenders in October 2021

Among the technologies, solar accounted for four tenders with a 100% share.

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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