T&D equipment contracts in Q3 2020 saw 159 contracts announced, marking a rise of 47% over the last four-quarter average of 108, according to GlobalData’s power industry contracts database.
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The proportion of contracts by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 134 contracts and an 84.3% share
- Project Implementation: 16 contracts and a 10.1% share
- Repair, Maintenance, Upgrade & Others: eight contracts and a 5% share
- Consulting & Similar Services: one contract and a 0.6% share.
Europe leads T&D equipment activity in Q3 2020
Comparing contracts activity in T&D equipment segment in different regions of the globe, Europe held the top position with 101 contracts and a share of 63.5% during Q3 2020, followed by North America with 24 contracts and a 15.1% share and Asia-Pacific with 19 contracts and an 11.9% share.
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Wind is leading technology for T&D equipment contracts in Q3 2020
Among the technologies, wind accounted for 20 contracts with a 60.6% share, followed by thermal with six contracts and an 18.2% share and hydro with four contracts and a 12.1% share.
T&D equipment contracts in Q3 2020: Top issuers by capacity
The top issuers of T&D equipment contracts for the quarter in terms of power capacity involved were:
- MAPNA Group (Iran): 480MW from one contract
- Alinta Energy Pty (Australia): 60MW from one contract.
T&D equipment contracts in Q3 2020: Top winners by capacity
The top winners of contracts for the quarter in terms of power capacity involved were:
- MAPNA Power Plants Construction and Development (Iran): 480MW from one contract
- Clarke Energy (United Kingdom): 60MW 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.