T&D project contracts in December 2019 saw 26 contracts announced, marking a rise of 24% over the last 12-month average of 21, 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: 21 contracts and an 80.8% share
- Consulting & Similar Services: three contracts and an 11.5% share
- Repair, Maintenance, Upgrade & Others: two contracts and a 7.7% share.
Europe leads T&D project activity in December 2019
Comparing contracts activity in T&D project segment in different regions of the globe, Europe held the top position with 11 contracts and a share of 42.3% during December 2019, followed by Asia-Pacific with seven contracts and a 26.9% share and Middle East and Africa with five contracts and a 19.2% share.
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Wind is leading technology for T&D project contracts in December 2019
Among the technologies, wind accounted for three contracts with a 75% share, followed by nuclear with one contract and a 25% 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.
