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October 19, 2020

Power industry tenders in South and Central America for Q3 2020 up 190%

South and Central America power industry tenders activity in Q3 2020 saw 87 tenders announced, marking a rise of 190% over the last four-quarter average of 30, according to GlobalData’s power database.

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South and Central America power industry tenders in Q3 2020: Bolivia leads activity

Looking at tenders by country, Bolivia led the activity in Q3 2020 with 41 tenders and a share of 47.1%, up 18.9% over the previous quarter and up 720% when compared with the last four-quarter average, followed by Trinidad and Tobago with 14 tenders and a share of 16.1% and Uruguay with seven tenders and a share of 8% during the quarter.

Looking at the last four-quarter average, Bolivia held the top spot with five tenders, followed by Brazil with five and Uruguay with five tenders.

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Solar is top technology area for tenders in Q3 2020

Looking at tenders divided by the type of technology, solar accounted for the largest proportion with 11 tenders and a 47.8% share, followed by thermal with five tenders and a 21.7% share and wind with four tenders and a 17.4% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in South and Central America power tenders activity during Q3 2020, with 39 tenders, followed by T&D Project (28) and Power Plant (9).

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

  1. Supply & Erection: 44 tenders and a 50.6% share
  2. Project Implementation: 28 tenders and a 32.2% share
  3. Repair, Maintenance, Upgrade & Others: seven tenders and an 8% share
  4. Power Purchase Agreement: five tenders and a 5.7% share
  5. Consulting & Similar Services: three tenders and a 3.4% share.

Power tenders in Q3 2020: Top issuers by capacity

The top issuers of tenders for the quarter in terms of power capacity involved in South and Central America were:

  1. Government of Jamaica (Jamaica): 500MW from one tender
  2. Government Of Haiti (Haiti): 190MW from one tender
  3. Minister of Energy and Non-Renewable Natural Resources: 60MW capacity from one tender.

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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