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October 28, 2020

South and Central America Solar technology contracts activity remain flat in Q3 2020

South and Central America solar technology contracts in Q3 2020 saw 25 contracts announced, marking a flat growth over the last four-quarter average of 25, according to GlobalData’s power industry contracts database.

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

  1. Supply & Erection with ten contracts and a 40% share
  2. Power Purchase Agreement: eight contracts and a 32% share
  3. Project Implementation: seven contracts and a 28% share.

Chile tops South and Central America solar power contracts activity

Chile was the top country in the South and Central America region for solar technology contracts recorded in Q3 2020 with 12 contracts and a 48% share, followed by Brazil with five contracts and a 20% share and Colombia with four contracts and a 16% share.

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South and Central America solar technology contracts in Q3 2020: Top issuers by capacity

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

  1. COPEL – Companhia Paranaense de Energia (Brazil): 260MW from one contract
  2. Teck Resources (Canada): 72MW from one contract
  3. Ecopetrol (Colombia): 59MW capacity from one contract.

South and Central America solar technology contracts in Q3 2020: Top winners by capacity

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

  1. Voltalia (France): 260MW from one contract
  2. AES Gener (Chile): 131MW from two contracts
  3. Sterling and Wilson Solar (India): 106.71MW capacity 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.

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