Asia-Pacific Solar technology tenders activity drops 23% in December 2019

14 January 2020 (Last Updated January 14th, 2020 08:34)

Asia-Pacific Solar technology tenders activity drops 23% in December 2019

Asia-Pacific solar technology tenders in December 2019 saw 65 tenders announced, marking a drop of 23% over the last 12-month average of 84, according to GlobalData’s power industry tenders database.

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The proportion of solar technology tenders by category tracked by GlobalData in the month was as follows:

  1. Project Implementation with 45 tenders and a 69.2% share
  2. Supply & Erection: eight tenders and a 12.3% share
  3. Repair, Maintenance, Upgrade & Others: six tenders and a 9.2% share
  4. Consulting & Similar Services: four tenders and a 6.2% share
  5. Power Purchase Agreement: two tenders and a 3.1% share.

India tops Asia-Pacific solar power tenders activity

India was the top country in the Asia-Pacific region for solar technology tenders recorded in December 2019 with 49 tenders and a 75.4% share, followed by the Philippines with six tenders and a 9.2% share and Pakistan with five tenders and a 7.7% share.

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Asia-Pacific solar technology tenders in December 2019: Top companies by capacity

The top issuers of tenders for the month in terms of power capacity involved in Asia-Pacific were:

  1. Solar Energy Corporation of India (India): 2,400MW from two tenders
  2. NTPC (India): 1,523.87MW from four tenders
  3. Bihar Renewable Energy Development Agency (India): 250MW capacity from one tender.

All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.