T&D equipment contracts in May 2021 saw 22 contracts announced, marking a drop of 49% over the last 12-month average of 43, according to GlobalData’s power industry contracts database.
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The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Supply & Erection: 18 contracts and an 81.8% share
- Project Implementation: three contracts and a 13.6% share
- Consulting & Similar Services: one contract and a 4.5% share.
Europe leads T&D equipment activity in May 2021
Comparing contracts activity in T&D equipment segment in different regions of the globe, Europe held the top position with 12 contracts and a share of 54.5% during May 2021, followed by Middle East and Africa with six contracts and a 27.3% share and Asia-Pacific with two contracts and a 9.1% share.
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Wind is leading technology for T&D equipment contracts in May 2021
Among the technologies, wind accounted for six contracts with a 42.9% share, followed by solar with three contracts and a 21.4% share and hydro with three contracts and a 21.4% share.
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.
