Smart grid tenders in Q3 2021 saw 90 tenders announced, marking a rise of 13% over the last four-quarter average of 80, 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:
- Supply & Erection: 60 tenders and a 66.7% share
- Repair, Maintenance, Upgrade & Others: 21 tenders and a 23.3% share
- Consulting & Similar Services: seven tenders and a 7.8% share
- Project Implementation: two tenders and a 2.2% share.
North America leads smart grid activity in Q3 2021
Comparing tenders activity in smart grid segment in different regions of the globe, North America held the top position with 33 tenders and a share of 36.7% during Q3 2021, followed by Asia-Pacific with 21 tenders and a 23.3% share and Middle East and Africa with 14 tenders and a 15.6% share.
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Solar is leading technology for smart grid tenders in Q3 2021
Among the technologies, solar accounted for four tenders with an 80% share, followed by thermal with one tender and a 20% 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.
