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January 19, 2022updated 24 Jan 2022 9:09am

Smart grid tenders up 8% in Q4 2021

By admin-demo

Smart grid tenders in Q4 2021 saw 96 tenders announced, marking a rise of 8% over the last four-quarter average of 89, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 68 tenders and a 70.8% share
  2. Repair, Maintenance, Upgrade & Others: 15 tenders and a 15.6% share
  3. Project Implementation: seven tenders and a 7.3% share
  4. Consulting & Similar Services: six tenders and a 6.3% share.

Asia-Pacific leads smart grid activity in Q4 2021

Comparing tenders activity in smart grid segment in different regions of the globe, Asia-Pacific held the top position with 31 tenders and a share of 32.3% during Q4 2021, followed by North America with 27 tenders and a 28.1% share and Europe with 21 tenders and a 21.9% share.

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Solar is leading technology for smart grid tenders in Q4 2021

Among the technologies, solar accounted for 11 tenders with an 84.6% share, followed by hydro with two tenders and a 15.4% share.

Smart grid tenders in Q4 2021: Top companies by capacity

The top issuer of smart grid tenders for the quarter in terms of power capacity involved was:Sustainable Energy Authority with 7.5MW from two tenders.

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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