There were 23 generation equipment contracts announced in the South and Central America region in Q1 2021, marking a rise of 5% over the last four-quarter average of 22, according to GlobalData’s power industry contracts database.

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Generation Equipment stood at first place when compared with other power tender categories in the South and Central America region in Q1 2021 with 23 contracts and a 51.1% share, followed by Electricity Procurement with 11 contracts and a 24.4% share and Power Plant with five contracts and an 11.1% share during the quarter.

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

  1. Supply & Erection: 22 contracts and a 95.7% share
  2. Project Implementation: one contract and a 4.3% share.

Solar is top technology for South and Central America generation equipment contracts in Q1 2021

Looking at generation equipment contracts by the type of technology in the South and Central America region, solar accounted for 15 contracts with a 65.2% share, followed by thermal with three contracts and a 13% share and wind with three contracts and a 13% share.

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South and Central America generation equipment contracts in Q1 2021: Top issuer by capacity

The top issuer of generation equipment contracts for the quarter in terms of power capacity involved in South and Central America was:Canacol Energy, Celsia (Colombia) and Proelectrica & CIA (Spain) with 200MW from one contract.

South and Central America generation equipment contracts in Q1 2021: Top winners by capacity

The top winner of contracts for the quarter in terms of power capacity involved in South and Central America was:Wartsila (Finland) with 200MW from one contract.

All publicly-announced contracts 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 contracts are available for subscribers to GlobalData’s Power database.