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  1. Market Data
September 8, 2021

Smart grid tenders down 18% in August 2021

By admin-demo

Smart grid tenders in August 2021 saw 23 tenders announced, marking a drop of 18% over the last 12-month average of 28, 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: 15 tenders and a 65.2% share
  2. Repair, Maintenance, Upgrade & Others: five tenders and a 21.7% share
  3. Consulting & Similar Services: two tenders and an 8.7% share
  4. Project Implementation: one tender and a 4.3% share.

Asia-Pacific leads smart grid activity in August 2021

Comparing tenders activity in smart grid segment in different regions of the globe, Asia-Pacific held the top position with seven tenders and a share of 30.4% during August 2021, followed by North America with five tenders and a 21.7% share and South and Central America with four tenders and a 17.4% share.

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Solar is leading technology for smart grid tenders in August 2021

Among the technologies, solar accounted for two tenders with a 66.7% share, followed by thermal with one tender and a 33.3% 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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