T&D project contracts in April 2022 saw 54 contracts announced, marking a rise of 46% over the last 12-month average of 37, 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:
- Project Implementation: 36 contracts and a 66.7% share
- Consulting & Similar Services: 15 contracts and a 27.8% share
- Repair, Maintenance, Upgrade & Others: three contracts and a 5.6% share.
Asia-Pacific leads T&D project activity in April 2022
Comparing contracts activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 40 contracts and a share of 74.1% during April 2022, followed by Europe with nine contracts and a 16.7% share and North America with three contracts and a 5.6% share.
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Solar is leading technology for T&D project contracts in April 2022
Among the technologies, solar accounted for ten contracts with a 45.5% share, followed by wind with nine contracts and a 40.9% share and thermal with one contract and a 4.5% share.
T&D project contracts in April 2022: Top companies by capacity
The top issuers of T&D project contracts for the month in terms of power capacity involved were:
- Con Edison Clean Energy Businesses (United States): 194MW from one contract
- Shanxi International Energy Group (China): 100MW from one contract
- Eurus Energy America (United States): 21.78MW capacity from one contract.
T&D project contracts in April 2022: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved were:
- North China Power Engineering (China): 950MW from one contract
- China Power Engineering Consulting Group (China): 446MW from two contracts
- MYR Group (United States): 194MW 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.