South and Central America power industry contracts activity in July 2020 saw 21 contracts announced, marking a drop of 22% over the last 12-month average of 27, according to GlobalData’s power database.

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South and Central America power industry contracts in July 2020: Chile leads activity

Looking at contracts by country, Chile led the activity in July 2020 with seven contracts and a share of 33.3%, up 16.6% over the previous month and up 75% when compared with the last 12 month-average, followed by Brazil with four contracts and a share of 19% and Argentina with two contracts and a share of 9.5% during the month.

Looking at the last 12-month average, Brazil held the top spot with 11 contracts, followed by Chile with four and Argentina with four contracts.

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Solar is top technology area for contracts in July 2020

Looking at contracts divided by the type of technology, solar accounted for the largest proportion with seven contracts and a 36.8% share, followed by wind with seven contracts and a 36.8% share and thermal with two contracts and a 10.5% share.

Looking at power industry contracts divided by segment in South and Central America as tracked by GlobalData, Generation Equipment was the most popular segment in July 2020, with ten contracts, followed by Electricity Procurement (7) and Power Plant (2).

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

  1. Supply & Erection: nine contracts and a 42.9% share
  2. Power Purchase Agreement: seven contracts and a 33.3% share
  3. Repair, Maintenance, Upgrade & Others: three contracts and a 14.3% share
  4. Project Implementation: two contracts and a 9.5% share.

Power contracts in July 2020: Top issuer by capacity

The top issuer of contracts for the month in terms of power capacity involved in South and Central America was:Cammesa (Argentina) with 200MW from one contract.

Power contracts in July 2020: Top winners by capacity

The top winner of contracts for the month in terms of power capacity involved in South and Central America was:Petroquimica Comodoro Rivadavia (Argentina) and 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.